Doji candlesSpinning topsMarubozu candlesCandles (with different open and close prices)

Doji candles

[frame align="right" width="770"] [embed]http://youtu.be/wMdUAF6o9E8[/embed] [/frame] Candles, in which there is no body, because the opening price is equal to the closing price are called doji candles (jap. fool, clumsy, slip of the tongue). Note that CandleScanner can also classify a candle as a doji when the opening and closing prices differ by a very small…
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Spinning tops

[frame align="right" width="770"] [embed]http://youtu.be/7OWhMkfi0oM[/embed] [/frame] Candlesticks with different opening and closing prices and having at least one shadow, where at least one shadow has to be longer than the body, are called spinning tops. The following types of spinning tops are possible: White Spinning Top (short and long line if none of the shadows are…
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Marubozu candles

[frame align="right"] [embed]http://youtu.be/sPkrWz1x1tE[/embed] [/frame] Candles with different opening and closing prices, but not having at least one shadow, are called marubozu (jap. shaved head). In the case when a single shadow exists, the candlestick body must be longer than the shadow. Marubozu candles occur both for the short and long line. Marubozu candles can be…
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Candles (with different open and close prices)

[frame align="right" width="770"] [embed]http://youtu.be/Paa3ezUXvpg[/embed] [/frame] Candles with different opening and closing prices having two shadows (upper and lower) and, with a longer body than the shadows, are denoted as follows: Short White Candle (short line) White Candle (long line) Long White Candle (long line) Short Black Candle (short line) Black Candle (long line) Long Black…
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