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What is Marubozu Candlestick in Indices? What is Marubozu Stock Indexes Candlesticks 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 the ones shown below.


Indices Candlesticks Patterns

Indices Candlesticks Patterns


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


Marubozu Candlesticks


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


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


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


Black marubozu candlesticks patterns - the open is also the high and 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 price.


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

 

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