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LET'S LEARN CANDLESTICK PATTERNS

Today's Topic - Marubozu

A Marubozu is a long or tall Japanese candlestick with no upper or lower shadow (or wick).

The candlestick pattern comes in both a bearish (red or black) and a bullish (green or white) form and is easy to spot due to its long body.

Criteria for spotting this robust pattern:

1️⃣ Long body with no upper or lower shadows.
2️⃣ Color can be bullish (green/white) or bearish (red/black).
3️⃣ It's a clear signal regardless of its position on the chart.

📈 A bullish Marubozu, known as a White Marubozu, signifies strong upward momentum, while a bearish one, the Black Marubozu, indicates robust downward pressure. 💪📉

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🔴More Coming Soon
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