2.Candle Stick Patterns

Question 1

What is a Strong Candle?

Answer 1

If the candle’s body is more then 50% of the range, then it is called Strong Candle.

Question 2

Does colour matter in Strong Candle?

Answer 2

Yes. Only colour matters in Strong Candle. Placement of the Body doesn’t matter.

Question 3

What is the Strongest Candles?

Answer 3

A candle with no shadows is called Strongest Candle

Question 4

What Strongest Candle indicates in an Uptrend and Downtrend.

Answer 4

If Green Strongest Candle occurs in an Uptrend, it means continuation.
If Green Strongest Candles occurs in a Downtrend, it means reversal.
If Red Strongest Candle occurs in an Uptrend, it means reversal.
If Red Strongest Candle occurs in a Downtrend, it means continuation.

Question 5

What is the other name for Strongest Candles in Japanese?

Answer 5

Marubozu

Question 6

What is the difference between Strongest Candle and Weakest Candle?

Answer 6

Strongest Candle indicates both continuation and reversal at all times irrespective of Placement of the Body. Weakest Candle also indicates continuation and reversal based on the Placement of the Body.
Some Weak Candles also indicate reversal or continuation

Question 7

At which phase Strong or Strongest Candles occur?

Answer 7

In an Uptrend or Downtrend.