The Bearish Gravestone Doji is a candlestick pattern where the opening and closing price are the same and are at the low of the day. This is the most bearish pattern indicating that the buyers has dominated the day attracting more and more sellers till the sellers take control and this brings the price down to the low of the day.

Dojis usually signal a trend change and a bearish gravestone doji usually signals a downward trend. You could go short [...]

Also called as the Bearish Long Black Candle, the Bearish Black Marubozu Candlestick is the opposite of the Bullish White Marubozu Candlestick pattern.

A long black candle indicates a bearish trend where the sellers are in control and end the day selling quite low. So if the price opens at the high of the day and closes at the low of the day results in a Black Marubozu or the long black candlestick. The longer the candle is the more [...]