About Japanese Candlesticks, how to understand them correctly and reduce misunderstandings?

Japanese candlestick

A Japanese candlestick is a price chart that shows the opening, closing, high, and low price points for each given period. It was invented by Japanese rice merchants centuries ago and popularised among Western traders by a broker called Steve Nison in the 1990s.

You try to find meaning in EVERY candlestick that appears on the chart.

A lot of the time, markets are “noisy.” Not every candlestick is proper when thinking about future price movements.

Instead of looking at every candlestick, focus on the ones where the price is currently trading near necessary support and resistance levels.

So first, identify where you think these levels are, and then look for candlestick patterns.

Your imagination is too strong.

If you have to zoom in 500% or squint at the  Japanese candlestick chart because you think “you see something,” there’s probably nothing there.

You don’t have to try and assign a textbook label of candlestick formations you see.

Focus on finding intense buying pressure when you expect to buy and evidence of solid selling pressure when you wish to sell.

Your imagination is too weak.

Based on textbook examples, Japanese candlestick patterns that are supposed to form after three candles may start over five.

Just because a three-candlestick pattern takes four candlesticks to form doesn’t invalidate the mark.

The meaning is still the same. It’s more important to understand the candlestick pattern's price action than memorize its standard form.

Always wait for the proper confirmation that the price is moving in the direction you’re expecting.

Maybe there are other methods; you can leave a message and discuss together.