![Neutral Black candle](https://huntraders.com/images/candlestick-patterns/icon/neutral-candlestick-black-candle.jpg)
Definition
Neutral Black Candlestick reflects the dominance of the sellers.
- Trend: Neutral
- Expected trend: Neutral
- Previous trend: Neutral
- Reliability: Low
- Type: Neutral
- Number: 1
Recognition
- The body of the candle is black with average size.
- The shadows are shorter than the body.
Interpretation
A Neutral Black Candlestick is formed when there is a selling pressure on the market. The share price decreases all day, the market was dominated by selling.
Important factors
Neutral Black Candlestick consists of a single candlestick. Thus, it has a low reliability. It can both signal a trend’s continuation and reversal. It only reflects the trading of one day. The formation must be interpreted together with other surrounding candles.