How to Trade the Marubozu Candlestick Pattern
In this article, you will learn about the Japanese Marubozu candlestick and what signals it gives to buyers and sellers.
Stemming from a Japanese word meaning 'bald,' these candlesticks, devoid of wicks, offer a stark depiction of market momentum.
This pattern is similar to Japanese candlesticks such as bullish or bearish counterattack and belt hold. They all have a large real body that has short or no shadows.
After studying the article, you will be able to identify this figure on the chart and apply it in trading.
What Is Marubozu Candle?
The Marubozu pattern is a long candle with… Read full author’s opinion and review in blog of #LiteFinance
Leave a Comment