Commodity Trading Candlesticks Commodities Trading Chart Patterns

Commodity Trading Candlesticks Consolidation Pattern and Commodity Trading Candlesticks Continuation Pattern

Depending on the size and shape of a Commodity Trading candlestick it is possible to determine the strength of buyers or sellers. Likewise it is also possible to determine the underlying weakness of the buyers and sellers.

Long Body Candlesticks

Candlesticks with long bodies show that there were a lot of buyers/sellers, depending on the color of the candlestick.

When commodities price makes a huge move from the opening commodities price to the closing commodities price it shows the strength of buyers/sellers.

Long Blue Candlesticks - Strength of Buyers

Long Red Commodities Trading Candlesticks - Strength of Sellers

Long Body Candlesticks

Short Body Candlesticks

Candlesticks with short bodies show that there were not so many buyers/sellers and the commodities price did not move much from the opening commodities price to the closing commodities price.

These show that the buyers/sellers were not very strong.

Short Body Candlesticks

Marubozu Candlestick

Marubozu are long candlesticks that have no upper or lower shadows, Like the ones shown below.

Marubozu Candlesticks

Marubozu are continuing candlestick patterns that show commodities price is going to continue in the same direction as that of the marubozu candlestick. The marubozu can be white/blue or Black/red depending on the direction of the trend.

Marubozu Candlesticks

White marubozu - the open is also the low and the close is also the high.

Marubozu means there were no retracements during that commodities price period and therefore shows that buyers were in total control of the commodities price.

White Marubozu is a continuation pattern meaning that the next candlestick is likely to continue in the same upward commodity trend direction.

Black marubozu - the open is also the high and the close is also low.

Marubozu means there were no retracements and therefore shows that sellers were in total control of the commodities price.

Black Marubozu is a continuation pattern meaning that the next candlestick is likely to continue in the same downward commodity trend direction.