A Long White Line is a bullish candlestick with a tall white body: the price opens near the low of the session and closes near the high, well above the open. It shows strong, sustained buying during the session, and after a decline or at a support level it can mark the start of a rebound, while in an uptrend it confirms that buyers remain in control.
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Candlestick Basics
Are you candlestick-literate? The widely used candlestick chart is easy to read but also contains some less obvious but valuable
clues about momentum and reversal.
Candlesticks, Japanese - Technical Analysis from A to Z
In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This technique is called candlestick charting. Steven Nison is credited with popularizing candlestick charting and has become recognized as the leading expert on their interpretation. I have met investors attracted to candlestick charts by their mystique - maybe they are the "long-forgotten Asian secret" to investment analysis.
Candlestick Basics
Candlesticks, Japanese - Technical Analysis from A to Z