The Black Candlestick represents normal selling pressure.

Recognition Criteria:

1. The real body of this pattern is black with normal length.
2. The upper and lower shadows are smaller than the length of the real body.

Selling pressure is indicated by a Black Candlestick. The pattern shows that prices declined from open to close during the day and sellers were in control throughout this process.

Important Factors:

Like most other single candlestick patterns the Black Candlestick has low reliability. It reflects only one day's trading and can be interpreted both as a continuation and a reversal pattern. The pattern must be used with other candlesticks for a better or healthier confirmation of a trend.