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marubozu candlestick pattern
marubozu candlestick pattern
IT is a type of Japanese candlestick pattern that is a single candlestick pattern that helps us to know what is going to happen in the market . it’s a strong green or red candle with a small shadow that shows the power of the bulls or beers .
Marubozu is one of the 35 powerful candlestick pattern ,there are two type of marubozu candlestick one is bullish marubozu and another is red or bearish marubozu candlestick pattern ,this type of candle is formed when the bulls or bears are show their power so this means sells are actively sell the quantity of stocks in the market and bullish marubozu is form it means bulls or buyers are heavily buy the stocks ,price will be ready to go up .in a green marubozu first the price is go up and the closing is neyer to the top point .and the red candle is open and price is fall down and closing is neyer to the bottom line .
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