What's Marubozu Candlestick in Indices? What is Marubozu Stock Indices Candles Pattern in Indices Trading?

What Does Marubozu Candlestick Mean? Marubozu Candlestick Definition

Marubozu candlesticks patterns are long candlesticks that have no upper or lower shadows, Like illustrated below.

Stock Indices Candles Patterns

Marubozu candlesticks patterns are continuing stock indices candlestick patterns that show stock indices trading price is going to continue in same direction as that of the marubozu candle. The marubozu stock indices candlesticks pattern can be white/blue or black/red depending on direction of the trend.

Marubozu Stock Indices Candlesticks

White marubozu candlesticks patterns - the open is also the low and the close is also the high.

Marubozu stock indices candlestick patterns means there were no retracements during that stock indices trading price period and therefore shows that buyers were in total control of the indices trading price.

White Marubozu candlesticks pattern is a continuation pattern meaning that the next candle is likely to continue in same upwards indices trend direction.

Black marubozu candlesticks patterns - the open is also the high & the close is also low.

Marubozu candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the indices trading price.

Black Marubozu stock indices candlesticks pattern is a continuation pattern meaning that the next candlestick is likely to continue in same downwards indices trend direction.