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When the open and
close are close to the high and low, and the open and
close are a long way apart we have a long candle.
Long white candles appear when the price goes up.
And the long black candle appears when
the price goes down
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Short candles appear in low volatility
periods.
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These are similar to short candles
but have longer tails.
There is a big difference between the
high and low price, and a small distance between the
open and close price.
These tell us that investors aren’t
sure of the market price.
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This is a bullish reversal pattern
which is composed of a long black body followed by a
white body.
The piercing line appears in a down
trend. It tells us the market opened lower on opening
and closes above the mid-point of the prior body.
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This pattern appears when the open
and close are the same as the high and low.
A white marubuzo is a bullish signal
and is the first pattern of continuation of an up trend,
or the first in a reversal after a long running up trend.
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Is a reversal pattern, and it appears
at the end of an up trend. It is a long hollowed of
white candle followed by a dark of black bodied candle.
The close price of the black candle
will fall below the midpoint of the white candle.
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