Short
Line Candle
Description
A
short candle line refers to the short real body of a candlestick which
illustrates the trading during the day between the open and the close. It is
either white, a short bullish candle, or black, a short bearish candle. Both
show trading was confined within a short range, with little price movement and
relatively weak pressure. It also could be signaling consolidation.
The
longer the candle body, the more buying or selling pressure. The shorter the
body, the weaker the buying or selling pressure.
Short
body candles that have long lower and upper shadows are called spinning tops,
and could be take as a sign of reversal.
Market
Opinion
Either
bearish or bullish.
Pattern
