Basic Candlestick Shapes
Long black body— This represents a bearish period in the market. Prices experienced a wide range, and the market opened near the high and closed near the low of the period.
Long white body— This is the opposite of a long black body, and represents a bullish period in the market. Again, prices experienced a wide range; however, the market opened near the low and closed near the high of the trading period.
Spinning tops— These are small real bodies, and can be either black or white. The small body represents a relatively tight range between the open and close for the period. In a trading range environment, spinning tops are neutral, but they may become important parts of other chart patterns.
Doji lines— Pronounced “doh ...
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