Category Archives: Patterns Dictionary

Black Marubozu

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4586" align="alignright" width="126"] Figure 1. Black Marubozu (basic candle).[/caption] Japanese name: marubozu, bozu Forecast: reversal or continuation of a trend Trend prior to the pattern: n/a Opposite candlestick: White Marubozu Construction: black body lack of shadows appears on…
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Black Candle

See our Patterns Dictionary for other patterns. Check our CandleScanner software and start trading candlestick patterns! [caption id="attachment_4585" align="alignright" width="126"] Figure 1. Black Candle (basic candle).[/caption] Forecast: reversal or continuation of a trend Trend prior to the pattern: n/a Opposite candlestick: White Candle Construction: black body upper and lower shadows required none of the shadows…
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