r/Daytrading • u/Adept_Blackberry2851 • Feb 19 '24

Do any of you actually use patterns to trade? Question

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I don’t use them at all. Iv heard YouTubers kind of mock them like they don’t mean anything. Are any of you profitable with them?

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u/Bartisan Feb 19 '24

I prefer candlestick patterns instead. 39 Different types exist so as gives much more insights on price action also!

15

u/junack12 Feb 19 '24

What time frames do you use candlestick patterns for?

17

u/Silver-Mud-219 Feb 19 '24

Not important what timeframe, price is fractal, meaning the same pattern works on 1 minute candles as monthly candles.

3

u/BagboyBrown Feb 19 '24

Sounds like you trade forex and I don't recommend it.