Marubozu candlestick

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What is a marubozu candlestick?

A marubozu candlestick is a one candlestick pattern. Marabozu is Japanese for “close cut” and is formed when a candle opens and immediately moves in the direction in which it finally closes leaving no wicks above or below the candle. This shows a very strong move in the market knowing the direction it wants to go.

Bearish Marubozu

A bearish marubozu candlestick shows that the sellers are in control from the session open to the session close without the buyers being able to put any considerable pressure on the sellers. It is shown as a solid red candle with the open equal to the high of the session and the close equal to the low of the session.

Screen Shot 2017-05-29 at 13.08.04

Bullish Marubozu

A bullish marubozu candlestick shows that the buyers are in control from the session open to the session close without the sellers being able to put any considerable pressure on the buyers. It is shown as a solid green candle with the open equal to the low of the session and the close equal to the high of the session.

Screen Shot 2017-05-29 at 13.06.55
Bullish marubozu

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