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A Marubozu is a hard to miss candlestick with a full long body and barely any shadows.
This solid body indicates a strong movement in any particular direction may it be upside or downside.
When a bullish (green/white) Marubozu is formed, it indicates that the moment the price opened, they traded higher and higher finally closing in the mid of an attempt to rise further.
To read more visit : https://www.elearnmarkets.com/blog/japanese-candlestick-pattern-marubozu/
By ElearnmarketsA Marubozu is a hard to miss candlestick with a full long body and barely any shadows.
This solid body indicates a strong movement in any particular direction may it be upside or downside.
When a bullish (green/white) Marubozu is formed, it indicates that the moment the price opened, they traded higher and higher finally closing in the mid of an attempt to rise further.
To read more visit : https://www.elearnmarkets.com/blog/japanese-candlestick-pattern-marubozu/

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