Marubozu candlestick pattern

 marubozu candlestick pattern

Basics about marubozu candlestick pattern 

IT is a type of Japanese candlestick pattern that is a single candlestick pattern that helps us to know what is going to happen in the market .  it's a strong green or red candle with a small shadow that shows the power of the bulls or beers .

How it form 

Marubozu is one of the 35  powerful candlestick pattern ,there are two type of marubozu candlestick one is bullish marubozu and another is red or bearish marubozu candlestick pattern ,this type of candle is formed when the bulls or bears are show their power so  this means sells are actively sell the quantity of stocks in the market and bullish marubozu is form it means bulls or buyers are heavily  buy the stocks ,price will be ready to go up .in a green marubozu first the price is go up and the closing is neyer to the top point .and the red candle is open and price is fall down and closing is neyer to the bottom line .

How to  trade marubozu candlestick pattern 

 The way of trade of marubozu candles is,first see  where the candle is from. If it’s from near  to resistance so its a perfect zone and you go for short selling and if its form is near to the support zone go for the call option .if you trade option. 

                                                    If it's a green marubozu candle and you go for call option the stop loss is the lower part of the candle and try to get 1:2 profit .Same for the red marubozu candle the stop loss is the upper part of the body and get 1:2 profit easily .

                                           It's a candle that shows the continuation of the trand so it's likely the momentum trading if a person trades with only marubozu candle so he or she gets a big profit not even 1:2 you can ge