Huntraders | Neutral Short White candle

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Neutral Short White candle

Using candlestick patterns is the most popular illustration technique today. With their help it is easier to recognise trend reversals and to calculate future price movements. It is essential to understand candlesticks for successful trading.

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Definition

Neutral Short Candlestick White reflects a weak demand side on the market. The price does not fluctuate during the day.

Trend: Neutral
Expected trend: Neutral
Previous trend: Neutral
Reliability: Low
Type: Neutral
Number: 1

Recognition

The body of the candle is white and short.
The shadows are shorter than the body.

Interpretation

Neutral Short White Candlestick usually signals a trend continuation.

Important factors

Neutral Short White Candlestick consists of a single candlestick. Thus, it has a low reliability. It only reflects the trading of one day. The formation must be interpreted together with other surrounding candles.

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