Glad to have you here at Joyful Dividends! You are reading a blog series on Introduction to Candlesticks. If you will like to check out a series of candlesticks for to help you invest profitably, please head over to Basic Candlesticks for a full list!
White CandlestickWhite Candlestick
The body of this candlestick is white and of normal (or average) length. The lengths of the shadows are typically shorter than the body.
The white candlestick tells us that buying pressure was normal throughout the day. Prices advanced from open to close during the day and buyers were mostly in control.
Joyful Dividends Explains:
This candlestick shows that the day’s trading was mostly bullish and there were more buyers than sellers in the market. It may reflect the continuation of an uptrend or a potential reversal. However, other candlesticks nearby have to be taken into consideration for a decision …