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The Marubozu candlestick pattern has a single candle. It forms anywhere in the trend. It can be a long and bearish candle. It can also be a long and bullish candle.
Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.
The bullish and bearish trends depicted by the Marubozu candlestick pattern rely on who had control on any trading day. This single candlestick will exhibit the market sentiments and how the trade ...
Nifty index trading above 11,640 will accelerate upmove taking it higher towards the target of cup and handle pattern formed on a lower time frame which comes to 11,740 mark.
White Marubozu is a bullish reversal/continuation pattern. It is a large white candlestick with no wicks on either end. It is considered to be an extremely bullish candle.
Tesla was working to print a bullish Marubozu candlestick on Monday. The candlestick suggests more upside, where the stock may find resistance at the 200-day SMA. Get ahead of Wall Street ...
The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.
On December 31, five stocks from the Nifty500 index appeared in the bullish "White Marubozu" scanner, according to StockEdge.com's technical scan data. A White Marubozu is a bullish candlestick ...
The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,770 level, a premium of nearly 20 points from the Nifty futures’ previous ...
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