What is Black Marubozu?
Black Marubozu is a large black candle with no wicks on either end. This candle is considered to be very bearish. This pattern can lead to a continuation of current downtrend or start of a bullish reversal.
It is very critical to determine whether Black Marubozu is a continuation or reversal pattern, as the candle often occurs with high volume
Black Marubozu is a large black candle with no wicks on either end. This candle is considered to be very bearish. This pattern can lead to a continuation of current downtrend or start of a bullish reversal.
It is very critical to determine whether Black Marubozu is a continuation or reversal pattern, as the candle often occurs with high volume
