How To Find Closing Marubozu Candlestick Pattern

How to spot a closing Marubozu candlestick pattern. So this is how the bearish candle looked like. That's how the bullish candles look like. And in a closing Marubozu, the close price would be equal to the highest when we're speaking about the bullish candle. And the— in the bearish candle, the lowest price or the low of the candle would be also the closing price. Once such pattern appears, this is a very strong indication that the trend might change or cause a deep correction. EUR/NZD 4-hour chart at the end of a massive bearish move. Classical bullish closing Marubozu candle pattern, as you can see right here. And the close price is the highest price, no wicks, no spikes. And that means the buyers in full control, ready to push the price all the way to the upside as they did here. Pound-dollar at the end of the 4-hour chart. As you can see, then of the uptrend, classical closing bearish Marubozu candle pattern. It completes all the way in a way that the lowest price equals the closing price. Classical closing bearish Marubozu. Changes the trend in that case and causes the price to fall all the way down and potentially change the trend. For more trading education, full courses, real-time trading education, and real-time trading opportunities, join our club, Home Trader Club. Link in the bio.