
Technical | Analysis page 420 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 17 ShortTerm Patterns 391 There have been few tests on the effectiveness of candlestick patterns. This is odd because the patterns are easily computerized. As with tests of other short-term patterns, many of the exist- ing studies are flawed in that the signal outcomes are often assumed to…