Candlesticks Chart Patterns
Stocks Candlesticks Consolidation Pattern and Stocks Candlesticks Continuation Pattern
Depending on the size & shape of a Stocks Trading candlestick it is possible to determine the strength of buyers or sellers. Likewise it is also possible to determine the underlying weakness of the buyers and sellers.
Long Body Stock Trading Candles
Candlesticks with long bodies show that there were a lot of buyers/sellers, depending on the color of the candlestick.
When stocks price makes a huge move from the opening stocks price to the closing stocks price it shows the strength of buyers/sellers.
Long Blue Candlesticks - Strength of Buyers
Long Red Candles - Strength of Sellers
Long Body Candles
Short Body Candlesticks
Candlesticks with short bodies show that there were not so many buyers/sellers and the stocks price did not move much from the opening stocks price to the closing stocks price.
These show that the buyers/sellers were not very strong.
Short Body Candles
Marubozu Candlestick
Marubozu are long candles that have no upper or lower shadows, Like ones displayed below.
Marubozu Stock Candlesticks
Marubozu are continuing candlestick patterns which show stocks price is going to continue in the same direction as that of the marubozu candlestick. The marubozu can be white/blue or Black/red depending on the direction of the trend.
Marubozu Stock Trading Candles
White marubozu - the open is also the low & the close is also the high.
Marubozu means there were no retracements during that stocks price period & therefore shows that buyers were in total control of the stocks price.
White Marubozu is a continuation pattern meaning that the next candle is likely to continue in same upwards stocks trend direction.
Black marubozu - the open is also the high & the close is also low.
Marubozu means there were no retracements and therefore shows that sellers were in total control of the stocks price.
Black Marubozu is a continuation pattern meaning that the next candlestick is likely to continue in same downwards stocks trend direction.