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Closing Marubozu

 

Description

 

This continuation pattern is considered low in reliability.

 

A white closing Marubozu is a single tall white candlestick with no upper wick but a lower wick. This means that the day opened and prices dropped lower (lower wick) but prices went up during the day, closing at the high of the day. Confirmation is required.

A black closing Marubozu is a single tall black candlestick with an upper wick but  no lower wick. This indicates a bearish trend where sellers are in control and end the day selling low. The longer the candle, the more bearish the signal. Confirmation is required.

Market Opinion

Bullish or bearish.

Pattern

 

White bullish, black bearish.

 

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Closing Marubozu_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 
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