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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.
Marubozu is a candlestik pattern which violates rule number and is formed when close price is equal to high or low during the day. Know more at India Infoline.
Black Marubozu is a large black candle with no wicks on either end. This candle is considered to be an very bearish.
Closing Marubozu candles has no shadow extending from the close. Closing Marubozu candles closes at the high or low of the day, depending on the closing of the stock.
We can see a confluence of price action factors including T-89 and Marubozu candles. If bullish momentum persists we should see 0.7180 followed by 0.7200 and 0.7210 that is the final price ...
The EUR/GBP has recently made an upside breakout from the PPR channel, signalled by a strong Marubozu candle that could provide a continuation of uptrend towards 0.8950 and 0.8980. However ...
Dollar-Yen pair formed a bullish Marubozu candle stick pattern on the daily chart yesterday as the rebound in the US ISM manufacturing number above 50.00 levels pushed up Fed rate hike bets. The pair ...
We can see a confluence of price action factors including T-89 and Marubozu candles. If bullish momentum persists we should see 0.7180 followed by 0.7200 and 0.7210 that is the final price ...