What is a candlestick chart?

  7. Marubozu White/Green Candlestick

A white/green Marubozu is a one-day bullish signal that moves upward and is considered very bullish. If a white Marubozu occurs at the end of an uptrend, a continuation is likely. If a white Marubozu occurs at the end of a downtrend, a reversal is likely.



8. Black/Red Marubozu

A black/red Marubozu candle has a long body and is formed when the high is equal to the open and the low is equal to the close. A black/red Marubozu indicates that sellers controlled the price from the day's open to the day's close, and is considered very bearish.



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