I use two full candles on a 15 minute chart after a 5 / 8 cross with both moving averages showing a slope of over 45 degrees to give me a fairly good confirmation of a reversal.

Steve Nison’s books are old but still the best. Get them at a library or used. He has some newer books, too.

Candle sticks have some patterns that consist of ONE bar. But these are signals of a strong “maybe”; they signal strength or weakness, not a trend. I don’t trade on candles alone; I need confirmation from a moving average before I buy in (or short).

Hi,

It depends on particular day’s trend in forex market. You can visit for some useful tips and info related to your query. Good luck!