However, it is worth looking out for such candles along with other technical indicators and drawing tools. (financialtrading.com)
Along with the simple and exponential moving averages, there are certain other technical indicators which can help formulate an effective strategy. (pacforex.com)
However, few analysts would use this as a trading signal in isolation, and would look for confirmation of a trend reversal from other technical indicators. (financialtrading.com)