Showing posts with label Neutral. Show all posts
Showing posts with label Neutral. Show all posts

Friday, May 11, 2012

Black Candlestick

Black Candlestick_NeutralBLACK CANDLESTICK
Type: Reversal/Continuation
Relevance: Indecision
Prior Trend: N/A
Reliability: Low
Confirmation: N/A
No. of Sticks: 1

Definition:
The Black Candlestick represents normal selling pressure.

Recognition Criteria:
1. The real body of this pattern is black with normal length.

2. The upper and lower shadows are smaller than the length of the real body.

White Candlestick

White Candlestick_NeutralWHITE CANDLESTICK
Type: Reversal/Continuation
Relevance: Indecision
Prior Trend: N/A
Reliability: Low
Confirmation: N/A
No. of Sticks: 1

Definition:
The White Candlestick represents normal buying pressure.

Short Black Candlestick

Short Black Candlestick_NeutralSHORT BLACK CANDLESTICK
Type: Reversal/Continuation
Relevance: Indecision
Prior Trend: N/A
Reliability: Low
Confirmation: N/A
No. of Sticks: 1

Definition:
The Short Black Candlestick implies relatively weak selling pressure with little price movement.

Short White Candlestick

SHORT WHITE CANDLESTICK
Type: Reversal/Continuation
Relevance: Indecision
Prior Trend: N/A
Reliability: Low
Confirmation: N/A
No. of Sticks: 1

Definition:
The Short White Candlestick represents relatively weak buying pressure with little price movement.

Black Spinning Top

Black Spinning Top_NeutralBLACK SPINNING TOP
Type: Reversal/Continuation
Relevance: Indecision
Prior Trend: N/A
Reliability: Low
Confirmation: N/A
No. of Sticks: 1

Definition:
The Black Spinning Top is a single candlestick pattern. Its shape is a small black body with upper and lower shadows having a greater length than the body's length.

White Spinning Top

White Spinning Top_Neutral WHITE SPINNING TOP
Type: Reversal/Continuation
Relevance: Indecision
Prior Trend: N/A
Reliability: Low
Confirmation: N/A
No. of Sticks: 1

Definition:
The White Spinning Top is a single candlestick pattern. Its shape is a small white body with upper and lower shadows that have a greater length than the body's length.