Archive for the 'Candlestick Basic' Category

Candlestick Doji

Doji is a candlestick that shows the same opening price virtually equals to closing price. This pattern is a neutral signs, thus need future confirmation.

Dragon fly doji is a candlestick which shows the same open, high, close price. This pattern shows that seller dominated trading at first that drove the price lower. However, buyer then [...]

Marubozu candlestick

Marubozu is a candlestick that shows the high and low price represented by open and close price. When closing price is higher than opening price, then closing price is equal to high price. In addition, when closing price is lower than opening price, opening price is equal to high price. This candlestick indicates that the [...]