Candlesticks are powerful charting tool that a trader must master.
I mostly use candlesticks in my trading.
Using candlesticks I have been able to lower risk down to 10 pips.
I only use stop loss between 10-20 pips based on candlestick pattern high or low.
Three Strike Candlestick Pattern is a powerful trend reversal pattern.
Read this blog post in which I explain how to trade Three Strike Candlestick Pattern.
Just make sure you take risk management seriously.
If you find the range of the candlestick pattern to be large, wait for a new candle with a narrow range.
This is how you can reduce risk to 10-20 pips.