On a Japanese Candlestick chart, a Marubozu is a single candlestick with no shadow or wick extending from the body at at the open or close. Also known as a shaven or bald candlestick. The black Marubozu has a long black body and no shadow/wick. The open is the high and the close is the
Rising Three Methods is a five candlestick bullish continuation pattern. The pattern occurs in an uptrend where the first day is a long bodied white candle. This is followed by three small bodied candlesticks where each trends lower and closes inside the body of the first candlestick. The pattern is completed by a long bodied
Three Line Strike is a four candlestick continuation pattern. The bullish three line strike occurs in an uptrend. The first three candlesticks are made up by the Three White Candlesticks pattern. The final candlestick in the series is a long bodied black candlestick that opens above the third candlestick and close below the first day’s