Monthly Archives: February 2015

White Candle

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4582" align="alignright" width="126"] Figure 1. White Candle (basic candle).[/caption] Forecast: reversal or continuation of a trend Trend prior to the pattern: n/a Opposite candlestick: Black Candle Construction: white body upper and lower shadows required none of the shadows…
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White Marubozu

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4583" align="alignright" width="126"] Figure 1. White Marubozu (basic candle).[/caption] Japanese name: marubozu, bozu Forecast: reversal or continuation of a trend Trend prior to the pattern: n/a Opposite candlestick: Black Marubozu Construction: white body lack of shadows appears as…
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Short Black Candle

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4580" align="alignright" width="126"] Figure 1. Short Black Candle (basic candle).[/caption] Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Short White Candle Construction: black body required lower and upper shadow none of…
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Opening Black Marubozu

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4578" align="alignright" width="126"] Figure 1. Opening Black Marubozu (basic candle).[/caption] Japanese name: yoritsuki takane Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Opening White Marubozu Construction: black body no upper shadow…
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