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Easiest Marubozu Candlestick Secrets that no one will ever teach you

Hello….how are you?

Today, In this article. I am going to talk about one of the most favourite candlestick patterns for traders i.e Marubozu Candle.

Marubozu is the least appearing candle in Trading.

However, It’s the most favourite candlestick pattern for most traders as you can make Big bucks out of it.

In this article, I will cover, White Marbozu, Marubozu trading strategy, Marubozu pattern & more.

So, keep reading ahead Marubozu Candle, Candlestick Marubozu, Marubozu Pattern & more

 

Marubozu Meaning: What is Marubozu Candle?

Marubozu Candle is one the least appearing candle in trading.

Marubozu Pattern 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 White Marubozu?

 

Bullish Marubozu or White Marubozu means Buyers dominance.

This Marubozu 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 Candlestick Pattern: In this case, you should wait for the change in trend in then go for BUY trade.

 

What is Black Marubozu?

 

Black or Bearish Marubozu candlestick pattern 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:

Marubozu is one of the least appearing candles while trading.

There are basically two types of Marubozu candlestick pattern:

  • White Marubozu: When you continuously see white candles or green candles. that means that buyers are completely dominating the market. and here you should take a buy trade.

 

  • Black Marubozu: When you continuously see black candles or red candles. that means that sellers are completely dominating the market.. and here you should take a sell trade.

 

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

 

 

 

 

 

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