Keep an eye out for bullish or bearish candlesticks.
If you're bullish, buy when the price breaks above.
Stop below the candlesticks.
If you're bearish, sell when the price falls below.
Set a stop just above the candlestick.
The bearish Marubozu close pattern appears after two long red candles, indicating that the bears are still in control. Finally, because the market was quite bearish during this time, the price action continues to trend lower.
Bullish Marubozu candles that appear in an uptrend strongly suggest that the trend will continue. When they appear in a downtrend, however, it indicates a trend reversal. This indicates a shift in market sentiment, indicating that the stock or item traded has turned bullish.
A White Marubozu is a very bullish one-day bullish indicator that moves upward. A continuation is expected if a White Marubozu happens near the end of an upswing. A reversal is likely if a White Marubozu appears near the end of a downtrend.
A marubozu candlestick has a complete body and can be bullish or bearish. There are no upper wicks or lower shadows on these larger candlesticks. When bullish, they appear green or white on stock charts, and when bearish, they appear red or black.
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Chirag paswan
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Best course forever
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Siddeshwar Kokane
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Karan padekar
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