The Marubozu candlestick

Question 1

What is the Marubozu candlestick pattern?

Answer 1

• The Marubozu candlestick pattern is a candlestick pattern that looks like a block, meaning that it does not have any wicks.
• Its formation indicates that a stock has been trading strongly in one direction (bullish or bearish).

Question 2

What are the types of marubozu candles?

Answer 2

There are three types of marubozu candles:
- A Marubozu open
- A Marubozu close
- A Marubozu full

Question 3

What does a Marubozu pattern tell you?

Answer 3

The Marubozu sends a powerful message - the market is trending in one direction. If you break down the candle, you can see that the asset’s price trades in one direction throughout the session.

Question 4

What is the Bearish Marubozu candle?

Answer 4

The bearish Marubozu candle implies that the price opened at a higher point and closed at a lower level. In this case, sellers controlled the stock price.

Question 5

What is the Bullish Marubozu candle?

Answer 5

The Bullish Marubozu candle implies that the price opened at a lower point and then closed at a higher point. This happens because buyers control the price of the stock.