Candlestick patterns are important signals but they are vague and imprecise.
You will need experience when trying to figure out which candlestick patterns is significant and which one is not.
A bullish engulfing pattern appears, you happily open a buy trade.
Price goes up then suddenly reverses and hits the stop loss.
What happened? Where did you go wrong.
After watching these 2 videos you will know how to interpret candlestick patterns and how to flag false signals.

![[XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026 [XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026](https://c.mql5.com/6/1013/splash-preview-771790.png)
