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What Happens in Indices Trading after a Bearish Marubozu Candlestick?


A Bearish Marubozu candlesticks pattern is a candlestick which shows the opening stock indexes price is also the high stock indexes price and the closing stock indexes price is also low indices price. Marubozu candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the indices price.


A bearish Marubozu stock indexes candlesticks pattern is a continuation pattern which means that the next candlestick is likely to continue in the same downward indices trend direction.


Therefore, after a bearish Marubozu candlestick the stock indexes price on a stock indices chart should continue moving downwards in the direction of the downward indices trend.



Marubozu Indices Candlesticks Patterns

Marubozu Indices Candlesticks Patterns - What Happens in Indices Trading after a Bearish Marubozu Candlestick?

 

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