Long Line Candle and Short Line Candle

Online Trading » Candlestick Patterns » Long Line Candle and Short Line Candle
long line candle

For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks: Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).

Let’s analyse now the following types of Candle: “Short Line Candle” and “Long Line Candle”.

Short Line Candle

 

short line candlestick

– They are Candles with a short or very short Real Body, thus with a small difference between the Opening Price (Open) and the Closing Price (Close); it means that the Price is slightly increased or decreased during the Period of time that the Candle represents.

Long Line Candle

 

long line candle

– They are Candles with a long or very long Real Body, thus with a big difference between the Opening Price (Open) and the Closing Price (Close); it means that the Price is greatly increased or decreased during the Period of time that Candle represents.

– A Long Line can be a signal of reversal of a current Trend, if it is very long and has opposite colour than the Previous Candles.

– A Long Line must have a long or very long Real Body: to understand if the Real Body is long enough, you have to check the Real Bodies of the Previous Candles, and the Real Body of the Long Line has to be longer than the average of the Previous Real Bodies that you’ve just checked. (For example, we have a Long Candle that has a Real body of X value, while the average of the Real Bodies of the previous Candles is Y: if X is greater than Y, that is a Long Line; if not, that is not a Long Line but just a “long” Candle).

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