White Candlestick

What it is

A white candlestick (often shown as white, green, or hollow) marks a period in which a security closed at a higher price than it opened. It signals bullish price action for the chosen time frame (e.g., minute, hour, day, week).

How to read a candlestick

A candlestick visually summarizes four prices for a period:
* Open — where trading began for the period (one end of the body).
* Close — where trading finished for the period (the other end of the body).
* High and low — shown by the wicks (shadows) above and below the body.

If close > open, the candle is bullish (commonly white/green/hollow). If close < open, the candle is bearish (commonly red/black/filled). When open and close are equal the result is a doji, which looks like a cross or narrow line and signals indecision.

Colors and shading

Charting packages use different colors and fill styles, but the meaning is consistent:
* Bullish candles (close > open): typically white, green, or hollow.
* Bearish candles (close < open): typically red or black, often filled.
* Some platforms use filled vs hollow to convey additional context (for example, relative change versus the previous close), and colors are customizable.

Common visual cues:
* A large bullish (white/green/hollow) candle often suggests strong buying momentum.
* A small body or line indicates little net change during the period — low volatility or indecision.

Candlesticks vs. bar charts

Both display open, high, low, and close, but differently:
* Candlestick: shows a body (open-to-close) plus wicks (high/low).
* Bar chart: uses a vertical line for high-to-low with small ticks indicating open (left) and close (right).

Candlesticks are popular because their bodies and colors make trend and momentum easier to see at a glance.

Common patterns and interpretations

Candlesticks combine into patterns traders use for signals. Examples:
* Trend channels
* Ascending channel: series of bullish candles indicating an uptrend.
* Descending channel: series of bearish candles indicating a downtrend.
* Reversal patterns
* Bullish Abandoned Baby: bearish candle → doji below prior low → bullish candle — potential upside reversal.
* Bearish Abandoned Baby: bullish candle → doji above prior high → bearish candle — potential downside reversal.
* Morning Star / Evening Star, Three Line Strike, Three Black Crows — widely cited strong bullish or bearish reversal/continuation patterns.
* Doji: often signals indecision and possible reversal when appearing after a prolonged trend.

Patterns are probabilistic, not certain; context and confirmation matter.

Using candlesticks in technical analysis

Candlestick patterns are tools for gauging market sentiment and timing. Best practices:
* Combine candlestick signals with other indicators (e.g., RSI, moving averages, volume) for confirmation.
* Consider trend context — the same pattern can mean different things in different market environments.
* Avoid trading on a single candle or pattern without supporting evidence.

What a flat or white line means

A candle that looks like a thin line (very small body) means open and close were very close — minimal net movement during the period. Tall candles indicate large price spreads and stronger momentum.

Key takeaways

• A white (or green/black/hollow) candlestick indicates the close was higher than the open — a bullish period.
• The candlestick body and wicks show open, close, high, and low for the selected period.
• Colors and fill styles vary by platform but serve the same directional purpose.
• Candlestick patterns are useful for spotting trends and reversals but should be confirmed with other analysis.

Bottom line

White candlesticks are a simple, visual way to spot bullish periods and momentum. They are most effective when used as part of a broader technical-analysis approach rather than as standalone trading signals.