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Technical Analysis & Chart Patterns

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Technical Analysis & Chart Patterns

Marubozu

A candlestick with no wicks, where the open and close are the period's extremes.

Test: Open equals either the High or the Low, and Close equals the other, so both wicks are zero or negligible qualitative Technical Analysis & Chart Patterns

Morning Star

A three-candle formation of a large falling candle, a small-bodied candle, then a large rising candle closing well into the first body.

Test: candle 1 falls strongly; candle 2 has a small body below it; candle 3 rises and closes above the midpoint of candle 1's body qualitative