The Marubozu candlestick pattern is a type of candlestick with a solid body and no wicks or shadows. It occurs when the opening price and the closing price are at the extremes of the trading session, meaning there were no price fluctuations beyond those points. https://myntr.it/bb303wn

There are two types of Marubozu:

Bullish Marubozu:

• The candle has no upper or lower wicks.
• The opening price equals the low, and the closing price equals the high.
• This indicates strong buying pressure throughout the session, with buyers in control from start to finish. It typically signals further upward momentum or a continuation of an uptrend.
• Very Strong after long downtrend and near support level .

Bearish Marubozu:

• The opening price equals the high, and the closing price equals the low.
• Very Strong after long uptrend and near resistence level .
• This reflects strong selling pressure throughout the session, with sellers dominating from the beginning to the end. It often indicates a continuation of a downtrend or strong bearish momentum.

How to trade bullish or bearish Marubozu Candlestick patterns?

1.Bullish Marubozu Candlestick pattern

There are four things you need to know about trading with Bullish Marubozu candles.

1. the absence of upper and lower shadows indicates that the low price is equal to the opening price, whereas the high price is equivalent to the low price.

2. Bullish Marubozu indicates an increased buying interest in a given asset among traders, so much so that traders are willing to buy the asset, irrespective of its price point during a session. This causes the asset’s price to close near its high point during that session.

3. Bullish Marubozu candles appearing in an uptrend strongly indicate the continuation of a trend. However, when they appear in a downtrend, it implies a trend reversal. Such a situation signifies a change in the market’s sentiment, indicating that the stock or asset traded is now bullish.

4. With the sharp sentiment change, traders expect to see a bullish surge, anticipating it to continue over a few upcoming trading sessions. In this case, traders should look for new buying opportunities after the bullish Marubozu

2 Bearish Marubozu Candlestick pattern

ou should know four things about trading with bearish Marubozu candles. They are as under:

1. the Bearish Marubozu pattern signals strong selling pressure in the market. “In this case, the asset’s opening price aligns with the highest point, while the closing price matches the lowest, indicating extreme bearish sentiment.

2. The bearish Marubozu candle signifies the complete control of the sellers on the market. Such is the level of the selling pressure that market participants are willing to sell their stocks or assets at every possible price point in the session. This causes the stock or asset’s price to close near its low point in that particular session.

3. The appearance of the bearish Marubozu in a downtrend indicates the continuation of a strong trend. On the other hand, if the candlestick appears during an uptrend, it suggests a potential trend reversal, signaling a shift in market sentiment

4. Traders, essentially expect that the sharp change in the market sentiments will result in a surge of bearishness, which they expect will continue for a few upcoming trading sessions. In such a situation, traders should be on the lookout for selling opportunities after the bearish Marubozu

Conclusion

A long, muscular body without any wicks on each side defines the pattern. This is a common Marubozu pattern that, depending on the direction, maybe bullish or bearish. Marubozu open and close are distinguished if there are wicks to either side, and both of these candles are available in bullish and bearish configurations.

The Marubozu candlestick formation is significant because it indicates that the market is now one-sided, and that price movement is likely to keep going in that same direction because there are no signs that a reversal is about to occur.