Aug 30, 2020
THE MARUBOZU | SINGLE CANDLESTICK
THE MARUBOZU | SINGLE CANDLESTICK
The Marubozu is the single candlestick pattern, The word Marubozu means “Bald” in Japanse. There are two types of marubozu candle – The bullish marubozu and the bearish marubozu. Always keep remembering below important rules.
Buy strength and sell weakness
Be flexible with patterns (verify and quantify)
Look for the prior trend
Marubozu is the only candlestick pattern that violates rule number…
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