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Long Line Candle

 

Description

 

A candlestick with a long black body (long line) represents a bearish force in the market.  The price of the stock was up and down in a wide range, opening near the high and closing near the low of the day.

 

One with a long white line represents a bullish force in the market. The price of the stock was up and down in a wide range, opening near the low of the day and closing near the high.

 

Long line candles are “Marubozu”, either white or black candlesticks with only a body.

 

Pattern

 

Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Long Line Candle_files\image001.jpg

 
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