Category Archives: Basic Candles

Long White Candle

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4577" align="alignright" width="126"] Figure 1. Long White Candle (basic candle).[/caption] Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Long Black Candle See also: White Candle Construction: white body upper and lower…
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Closing White Marubozu

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4590" align="alignright" width="126"] Figure 1. Closing White Marubozu (basic candle).[/caption] Japanese name: marubozu, bozu Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Closing Black Marubozu Construction: white body no upper shadow…
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Long Black Candle

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4595" align="alignright" width="126"] Figure 1. Long Black Candle (basic candle).[/caption] Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Long White Candle See also: Black Candle Construction: black body upper and lower…
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Short White Candle

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4581" align="alignright" width="126"] Figure 1. Short White Candle (basic candle).[/caption] Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Short Black Candle Construction: white body required lower and upper shadow none of…
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