Identify of Long and Short Body Candlestick

Basically, it is needed only three basic formations in candlestick analysis, namely:
- length of body
- length of shadow
- color of body

The three basic information are then mixed to produce a variety of information to make decisions in candlestick analysis. The length of the candlestick body is used to describe how strong the excess of supply and demand that occur. The more of the length of the candlestick body, the more powerful its excess of supply and demand that occur, on the contrary, the shorter of the candlestick body, it also more weak the excess of demand and supply that occurs. With the basic assumption that the white candlestick is a condition reflection of the excess of demand and black candlestick as the excess of supply, then the information that reflected from the length and color of the candlestick body can be interpreted as follows:

- Long white candlestick, reflecting the strength of the excess of demand as the result of arise of a strong positive sentiment.
- Long black candlestick, reflecting the strength of the excess of supply as the result of arise of a strong negative sentiment.
- Short white and black candlestick, short candlestick generally reflect the excess of supply and demand that happened are weak. In candlestick analysis this condition is defined as the emergence of doubts of the market, where the buyers start to be unsure of buying what they do and the seller is to be unsure of selling what they do.