Continuation Stock Indices Candlestick Patterns - Marubozu Candle Pattern
Marubozu Candlesticks Chart Patterns
Depending on the size and shape of a Indices Trading candlestick it's possible to determine strength of buyers or sellers. Likewise it is also possible to determine the underlying weakness of the buyers & sellers.
Long Body Indices Candlesticks
Marubozu Candles Patterns - Candles with long bodies show that there were a lot of buyers/sellers, depending on the color of the candlestick.
When stock indices price makes a huge move from the opening stock indices price to the closing stock indices price it shows the strength of buyers/sellers - Marubozu Stock Indices Candles Patterns.
Long Blue Candles - Marubozu Candles Patterns - Strength of Buyers
Long Red Candlesticks - Marubozu Candles Patterns - Strength of Sellers
Long Body Candles - Continuation Stock Indices Candlestick Patterns. Marubozu Stock Indices Candlestick Pattern - How to Trade Marubozu Candles Patterns - How to Analyze Marubozu Candlesticks Pattern
Marubozu Candle Patterns
Marubozu Stock Indices Candlestick Patterns are long candlesticks which have no upper or lower shadows, Like illustrated below.
Marubozu Bullish Stock Indices Candles Pattern and Marubozu Bearish Indices Candlesticks Pattern
Marubozu Stock Indices Candlestick Patterns are continuation candlestick patterns that show stock indices price is going to continue in the same direction as that of marubozu candlestick pattern. The marubozu candlestick pattern can be white/blue or black/red depending on direction of the trend.
Indices Analysis of Marubozu Candles Patterns
White marubozu candlestick pattern- the open is also the low & the close is also the high.
Marubozu candlestick pattern means there were no retracements during that stock indices price period and therefore shows that buyers were in total control of the indices price.
White Marubozu candle pattern is a continuation candle pattern meaning that the next indices candlestick is likely to continue in the same upwards indices trend direction.
Black marubozu candle pattern - the open of the Marubozu candle pattern is also the high - & the close is also low.
Marubozu candlestick pattern means there were no stock indices price retracements in the stock indices trading market and therefore shows that sellers were in total control of the stock indices price.
Black Marubozu candle pattern is a continuation candlesticks pattern meaning that the next indices candle is likely to continue in the same downwards indices trend direction.
