Sign in to follow this  
Followers 0
Rick

Marubozu

2 posts in this topic

Marubozu means there are no shadows from the bodies.

A White Marubozu is a long white body with no shadows which indicates a bullish trend. It usually becomes the first part of a bullish continuation or a bullish reversal pattern.

A Black Marubozu is a long black body with no shadows. It usually implies bearish continuation or bearish reversal.

0

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0