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Bullish Continuation:
Pattern: A long white body followed by several small body's and ending in another long white body. The small body's are usually contained within the first white body's range.
Interpretation: A strong bullish continuation pattern.
Big White Candle:
Pattern: An unusually long white body with a wide range. Prices open near the low and close near the high. ( A White Marubozu when the candlestick doesn't has lower / upper shadows (wicks).
Interpretation: A strong bullish pattern.
White Body:
Pattern: This candlestick is formed when the closing price is higher than the opening price.
Interpretation: A bullish trading signal. More important when part of a pattern.(3 white soldiers)
Long Lower Shadow:
Pattern: A candlestick with a lower wick that has a length equal to or greater than the range of the candlestick. Buyers dominate the session end and bid prices higher.
Interpretation: A bullish signal.
Three White Soldiers:
Pattern: 3 White Bodies indicates a period of powerful buying pressure. ( Note: the upper shadows on three white soldiers are small, or in some cases even nonexistent.)
Interpretation: Three White Soldiers is a strong bullish continuation pattern.. |
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