Trade Stock Indices

Doji Stock Candles Pattern and Marubozu Candles Pattern

Indices Doji Consolidation Candlestick Pattern and Stock Index Marubozu Continuation Candlestick Pattern

Depending on the size & shape of a candle it is possible to identify the momentum of buyers or sellers. Likewise it is also possible to identify underlying weakness of the buyers and sellers.

Long Body Candles

Candles with long bodies mean many buyers or sellers were active. It depends on the candle's color.

When the cost moves a lot from the beginning price to the ending price, it tells you how strong the buyers or sellers are.

Long Blue Candlesticks - Strength of Buyers

Long Red Candlesticks - Strength of Sellers

Candle Chart Setups - Doji Stock Candlestick Pattern and Marubozu Stock Candles Setup

Long Body Candles

Short Body Candles

Candlesticks that have small bodies reveal that there weren't many buyers or sellers & the price didn't change much from when it opened to when it closed.

These show that the buyers or sellers were not very strong.

Candlestick Patterns - Doji Stock Candle Setup and Marubozu Stock Candle Pattern

Short Body Candles

Marubozu Candle

Marubozu are long candlesticks that have no upper or lower shadows, Like shown and illustrated below.

Doji Stock Candles Setup and Marubozu Stock Candle Pattern - Doji and Marubozu Candles Explained

Marubozu Candlesticks

Marubozu are ongoing candle patterns that suggest the stock trading price will continue in the same direction as the marubozu candlestick. The marubozu can be white/blue or black/red, depending on which way the market price trend is going.

Marubozu Candles

White marubozu - the open is also the low & the close also is the high.

A Marubozu candle signifies that no price reversals occurred throughout that specific stock trading period, indicating that buyers held complete dominance over the trading price.

White Marubozu is a pattern that suggests the trend will continue, meaning the next candlestick will probably keep going up.

Black marubozu - the open is also the high & the close is also low.

A Marubozu candlestick formation implies that price movement during that period encountered no significant pullbacks, indicating that sellers maintained undisputed control over the traded price.

Black Marubozu is a continuation pattern meaning the next candlestick is likely to continue in same downward trend direction.

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