Most Important Market Indicator: Candlestick as Foundation

If asked which market indicator is the most important, I agree with the view that the candlestick itself is at the core of technical analysis. Candlestick is not just a collection of lines and colors on the screen; it is a reflection of market psychology. Each pattern, whether it's a doji, hammer, or engulfing, tells a story about the struggle between buyers and sellers, as well as the underlying sentiment.
The advantage of candlestick lies in its profound simplicity. By understanding these patterns, we can identify reversal points (reversal), trend continuations (continuation), or even signs of market exhaustion. However, as you said, indicators are just tools. Candlestick becomes effective only when combined with experience (jam terbang) and psychological understanding of market behavior. A novice trader may see the same patterns, but without context and honed intuition, their interpretation can be far off.
#MarketIndicatorsSharing#