If you run an internet search on candlestick patterns, you'll get a wide and dizzying array of results:
Strange names, formations, iterations, and variations...
And you can forget trying to remember them all.
So what's a trader to do with all this information?
In my humble opinion, well... Nothing.
The truth is, you don't need to memorize—or recognize—even a fraction of that junk.
When I'm analyzing a market, there are only 3 candlestick patterns that I'm worried about:
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