Category Archives: Basic Candles

Doji

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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 not meet requirements to be...
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White Candle

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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 can be longer than the body
  • appears on as...
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Short Black Candle

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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 the shadows can be larger than the body
  • appears...
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