Thursday, January 2, 2014

SHORT CANDLESTICK

SHORT DOWN CANDLESTICK: The body of the candlestick is DOWN and small, the body of the candlestick is small and the lengths of the shadows are not important. This candlestick alone is not reliable enough to decide about bearishness, we need to see more neighboring candlesticks to conclude the market direction.
SHORT UP CANDLESTICK: The body of the candlestick is UP and small, the UP body of the candlestick is small and the lengths of the shadows are not important. This candlestick alone is not reliable enough to decide about bullishness, we need to see more neighboring candlesticks to conclude the market direction.

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