## Comment on Single Candlestick patterns (Part 1)

Karthik bro,

Please help me…

I cant figure out a proper calculation for Marubuzo shadow. You taught us that shadow can be < 1% for the pattern to be a buzo.

Lets consider Bullish buzo,

For Upper Shadow calculation, which one of the following is correct?

[(high-close)/(close-open)] must be < 1? i.e shadow with respect to body range

[(high-close)/high] must be < 1? i.e shadow with respect to close price.

For lower Shadow calculation, which one of the following is correct?

[(open-low)/(close-open)] must be < 1? i.e shadow with respect to body range

[(open-low)/high] must be < 1? i.e shadow with respect to close price.

Much thanks from a budding trader ðŸ™‚