Candlestick Patterns: Market Truth or Self-Fulfilling Prophecy? A Data-Driven Investigation
If you’ve ever dipped a toe into the world of trading, you’ve seen them: the elegant, centuries-old candlestick patterns. Promising to reveal market sentiment and predict price reversals with a single glance, they are the bedrock of many a day trader’s strategy. But do they actually work? Or are they, as one physicist-turned-trader put it,…