Doji Candles Pattern and Marubozu Candlesticks Pattern

Commodity Trading Doji Consolidation Commodity Candle-Stick Pattern and Marubozu Continuation Commodity Trading Candle Stick Pattern

Depending on the size and shape of a Commodities Trading candle-stick 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 Commodities Candles

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

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

Long Blue Candles - Strength of Buyers

Long Red Candles - Strength of Sellers

Long Body Candlesticks

Short Body Candlesticks

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

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

Short Body Candles

Marubozu Candlestick

Marubozu are long candles that have no upper or lower shadows, Like illustrated below.

Marubozu Commodities Candles

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

Marubozu Commodities Candles

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

Marubozu means there were no retracements during that commodity price period & therefore shows that buyers were in total control of the commodity 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 & the close is also low.

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

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