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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Gravestone Doji
See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4593" align="alignright" width="126"] Figure 1. Gravestone Doji (basic candle).[/caption] Japanese name: tohbo Forecast: lack of determination Trend prior to the pattern: n/a Opposite candlestick: Dragonfly Doji Construction: Opening, closing and minimum prices are the same or very similar…
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Closing Black Marubozu
This section is part of our candlestick patterns blog series. Please see The Patterns Dictionary for more details. [frame align="right"] [caption id="attachment_4589" align="alignnone" width="126"] Figure 1. Closing Black Marubozu (basic candle).[/caption] [/frame] Japanese name: yasunebike Forecast: reversal or continuation of the trend Trend prior to the pattern: n/a Opposite candlestick: Closing White Marubozu Construction: black…
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