What is Marubozu Candlestick in Commodity Trading? What is Marubozu Candles Pattern in Commodity Trading Trading?

What Does Marubozu Candle Mean? Marubozu Candlestick Definition

Marubozu candles patterns are long candles that have no upper or lower shadows, Like illustrated & shown below.

What is Marubozu Candlestick in Commodity Trading? Marubozu Candlesticks Patterns

Marubozu candlesticks patterns are continuing commodity candlestick patterns that show commodity price is going to continue in same direction as that of marubozu candle. Marubozu candlesticks pattern can be white/blue or black/red depending on the direction of the trend.

Commodities Trading Candles Patterns

White marubozu candlesticks patterns - the open is also the low & the close is also the high.

Marubozu commodities candles patterns means there were no retracements during that commodity price period & therefore shows that buyers were in total control of the commodity price.

White Marubozu candles pattern is a continuation pattern meaning that the next candlestick is likely to continue in the same upwards commodity trend direction.

Black marubozu candlesticks patterns - the open is also the high and the close is also low.

Marubozu candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the commodity price.

Black Marubozu commodities candlesticks pattern is a continuation pattern meaning that the next candle is likely to continue in the same downward commodity trend direction.