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Latest Marubozu Trading Strategy: How to trade effectively with Marubozu?

(Last Updated On: 8th February 2021)

Hello….folks in this article. I am going to talk about one of the most favorite candlestick patterns for traders i.e Marubozu.

Marubozu is the least appearing candle in Trading.

However, It’s the most favorite candlestick pattern for most traders as it helps in making Big bucks.

What is Marubozu Candle?

Marubozu is one the least appearing candle in trading.

Marubozu means the dominance of either BUYER or SELLER.

This candle is represented by a clear body and no shadow. extending from the top or bottom of the candle.

It indicates that the market is strongly dominated by either bulls or bears in one direction.

 

What is Bullish or White Marubozu?

 

Bullish Marubozu or White Marubozu means Buyers dominance.

This candlestick pattern suggests a very strong Buyer dominance. which means that the price is being controlled by the buyers from the opening and the closing of the day. and is considered very bullish.

 

Now, coming to How to Trade with Marubozu Candle?

Suppose, you see a continuous White or Bullish Marubozu. which means the market is very heavily dominated by Buyers.

 Price Action: In this case, you should go for BUY trade. as there is a strong possibility that the market may stay at the bullish pattern for a long period of time.

Suppose, you see a continuous bearish candle pattern and suddenly a bullish Marubozu appears.

It means everyone in the market has suddenly become optimistic and is going for BUY Trade.

Trading with Marubozu: In this case, you should wait for the change in trend in then go for BUY trade.

 

What is Black or Bearish Marubozu?

 

Black or Bearish Marubozu means Sellers dominance.

This candlestick pattern suggests a very strong Seller dominance. which means that the price is being controlled by the Sellers from the opening and the closing of the day. and is considered very bearish.

 

Now, coming to How to Trade with Marubozu Candle?

Suppose, you see a continuous Black or Bearish Marubozu. which means the market is very heavily dominated by Sellers.

 Price Action: In this case, you should go for SELL trade. as there is a strong possibility that the market may stay at the bearish pattern for a long period of time.

Suppose, you see a continuous Bullish pattern and suddenly a Bearish or White Marubozu appears.

It means everyone in the market has suddenly become pessimistic and is going for SELL Trade.

Trading with Marubozu: In this case, you should wait for the change in trend in then go for a SELL trade.

Winding Up:

I hope you have found this article helpful. and you must have got at least a little about Marubozu.

If you still have any doubt message us at Honestdigitalreview@gmail.com

In this article I have covered:

  • What is Marubozu Candle?
  • What is Bullish or White Marubozu?
  • What is Black or Bearish Marubozu?
  • Trading with Marubozu
  • How to Trade with Marubozu Candle?

 

 

 

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