Black Marubozu Candlestick Pattern – School

What is the Black Marubozu

The Black Marubozu is a candlestick chart pattern that consists of just a single candlestick. The formation of this pattern indicates the end of an uptrend and the start of a bullish reversal.

Understanding the Marubozu

The Black Marubozu consists of a single candlestick that signifies that the bears are back in the market.

This candlestick is a long bearish candle that is mainly made of a true body with very little to no shadow present.

The formation of this candle indicates that the bears are exerting pressure on the market and causing the market to enter a bearish reversal.

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