• Candlestick-Pattern

    What is Marubozu Candlestick Pattern | When to use Marubozu

    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: Bearish Marubozu: 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…