is a continuation pattern.
In an uptrend, a long black candle signifies a pullback. The next day opens up
at the same level at the first day’s open. The second day opens on its low for
the day and should go higher. There is renewed confidence and the upward trend
In a downtrend, a white body occurs, causing concern to the bears. But the next
day the prices gap back down, reviving confidence and the bearish trend continues.
Bullish or bearish.