Marubozu

Oct 06, 2014 at 06:46
Vues 2,022
2 Replies
Membre depuis Jul 31, 2009   posts 1444
Oct 06, 2014 at 06:46
Discuss the Marubozu pattern here.
Membre depuis Jul 04, 2013   posts 7
Aug 20, 2021 at 06:40
Marubozu pattern is Perfect for 1:1 SL/TP & Better pattern.

- Thanx
Membre depuis Nov 06, 2022   posts 36
Nov 11, 2022 at 08:07
The Marubozu candlestick pattern is a single-candle bearish pattern. It is a straightforward formation that is easy to spot.

For a pattern to be classified as a marubozu candlestick formation, at least one of the open or close has to be flat. In the Marubozu full example, both the open and close are flat i.e. the asset opens the session, starts rallying in a certain direction and closes at the exact end. Thus, open and close are at the same price as are the high and low.

As for the Marubozu open, the opening price should be flat: i.e. the price action should move only in one direction, but unlike the Marubozu full candle, the closing price on the other side can slightly differ from the high/low. In other words, the open should be flat, while there is room for a short wick on the other side.

The Marubozu close candle is opposite to the Marubozu open: the close should be flat while the price action can slightly move in the other direction before it starts aggressively trading in one direction.
https://t.me/propchallenge
Se connecter / S’inscrire to comment
You must be connected to Myfxbook in order to leave a comment
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.