Doji XAGUSD Candlesticks Pattern and Marubozu Silver Candles Pattern

XAGUSD Doji Consolidation XAGUSD Candle Pattern and XAGUSD Marubozu Continuation XAGUSD Candle Pattern

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

Long Body Silver Candlesticks

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

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

Long Blue Candlesticks - Strength of Buyers

Long Red Candlesticks - Strength of Sellers

Long Body Candles

Short Body Candlesticks

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

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

Short Body Candlesticks

Marubozu Candlestick

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

Marubozu Silver Candlesticks

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

Marubozu Silver Candlesticks

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

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

White Marubozu is a continuation pattern meaning that the next candle is likely to continue in the same upwards silver trend direction.

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

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

Black Marubozu is a continuation pattern meaning that the next candle is likely to continue in the same downwards silver trend direction.