Yes they change the candle configuration in the last seconds. They do that many times. Yes, I use candles a lot, but only when I figured s/r is in place.. The candles lie a lot when they are not at significant levels. And it's not one candle. It's always a group that can give you clues.. Look at m5 now.. It came down, then it bullish engulfed, then it spinned, and now it can't make a LL.. What does that tell you. The market is undecided (at least) if not turning..
DislikedThis re-opens a question about candles that came up last night.
I watched as the candle closing at noon EST was being completed (mainly because of a comment you made) in basically the last two and a half minutes. In that short time the candle could have become a doji, an inverted hammer, or nothing special. In those last 150 secs, someone made sure it wasn't a doji by pushing the price up far enough (150 secs prior to where it might have risen) for it to have a body... but a small body.
Now, as I am watching the current candle being formed,...Ignored