White Marubozu Candlestick Pattern – School
Definition of White Marubozu Pattern
The White Marubozu is a candlestick chart pattern that consists of a single candlestick. The formation of this candlestick indicates that a bullish reversal is taking place in the market.
- White Marubozu is a single candlestick patternWhite
- Marubozu is a bullish reversal pattern
Understand the Pattern
The White Marubozu consists of a single candlestick that does not have any shadows whatsoever. The entire candlestick is a true body and it is a relatively longer candle than most other candlesticks. The formation of this candle means that a bullish reversal is taking place and that you should be cautious with any open short positions in the market.
Learn more about candlestick patterns.
Trading Education Media Kit
Learn what is the White Marubozu candlestick pattern media kit. You can use it for any project, or website or share it on social networks. Don’t forget to mention us as a source. Thank you.