• Tuesday, 03 February 2009 23:21
• Last Updated Monday, 03 May 2010 23:14
• Written by Desmond Wira

White Candlestick and Black Candlestick usually signal price movement, up or down, depends on its color. This candlestick occurs in different lengths. The longer the body, the more significant the price increase or decrease.

Type: Continuity White candlestick signals uptrend movement. Black candlestick signals downtrend movement. Characteristic: normal candle shape (with body and shadow).

I tend to use Marubozu as signals of trend continuity than this candlestick type. Marubozu has more strong signals. Use Black or White Candlestick as continuity signal only if it has long body and confirmed by high transaction volume.

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