See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4588" align="alignright" width="126"] Figure 1. Doji (basic candle).[/caption] Japanese name: doji Forecast: lack of determination Trend prior to the pattern: n/a Opposite pattern: none Construction: a doji candle appears on as a long or short line candle does…
Read more
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…
Read more
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…
Read more
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…
Read more
