Interest chandeliers in particular is that it is seen by the market, and behavioral changes associated with it. In short, do not know or recognize is to miss the warning sign without reading.
That said, chandeliers are just a help, some information. False signals manifest themselves there, obviously. This is in conjunction with other indicators (Bollinger, moving averages, round numbers, Fibonacci levels ...) that this representation of the price is irrelevant.
Alan Farley, in "The swing trader master", writes that the diagnosis of opportunity must be based on a "cross-check X4", ie the at least 4 indicators conjunction (radically different families) singing the same song. The candlesticks are one of the indicators.
On the form, the book is clear, very accessible, imaging clinical perfectly.
You have to go there. Nison and knows how to make this stage of the exciting Learning.