Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

How To Find an Openinig Marubozu Candlestick Pattern

14 Oct 2024 · 2 min

Watch on YouTube

1:49

In this short instructional video, Vladimir Ribakov explains the opening Marubozu candlestick pattern, detailing its two forms: a bullish opening Marubozu where the candle’s opening price is also its lowest price, and a bearish opening Marubozu where the opening price equals the highest price. He emphasizes that these wick‑free candles signal a high probability of a strong trend change, deep correction, or the start of a new trend. Ribakov demonstrates the pattern on a 4‑hour EUR/CHF chart, showing a bearish opening Marubozu that precedes a down move, and on a 4‑hour USD/CAD chart, where a bullish opening Marubozu appears at the end of a downtrend and triggers an upward swing. The video concludes with a promotion for the Home Trader Club, inviting viewers to access further trading education and real‑time opportunities.

Chapters

How to spot an opening Marubozu candlestick pattern? This is how they look like: a bullish candle opening Marubozu where the open price is also the lowest price of the candle, and this is the bearish Marubozu where the opening price is the highest price of the candle. So once again, in a bearish opening Marubozu, the highest price is the opening price. In a bullish Marubozu opening Marubozu. The lowest price is equal the opening price of the candle. Such candles give high probability and very strong possibility of a trend change or a deep correction or a beginning of a new trend after the candle pattern appears. Euro franc four hour chart. As you can see, at the end of the rally. Beautiful bearish opening Marubozu with no spike or no wick on the upper part where the high equals the opening. And starting from this candle, the bears take control to push the price all the way to the downside. USD/CAD 4-hour chart, the end of a downtrend, bullish opening Marubozu at the end of a downtrend, classical green Marubozu Opening price equals the lowest price of the candle. It completes the Marubozu and changes the trend all the way to the upside. For more trading education, real-time trading opportunities, and so much more, including trading courses, join our family, the Home Trader Club.
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