H1>->How to Analyze Bearish Marubozu Candlestick - How to Analyze Bearish Marubozu Candles Pattern - How to Analyze Bearish Marubozu Candlesticks Pattern?
A Bearish Marubozu candlesticks pattern is a candlestick which shows the opening gold price is also the high gold price & closing gold price is also low gold price. Marubozu candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the gold price.
A bearish Marubozu xauusd candles pattern is a continuation pattern which means that the next candlestick is likely to continue in same downward xauusd trend direction.
Therefore, after a bearish Marubozu candle the gold price of a xauusd should continue moving downwards in the direction of the downwards xauusd trend.
Interpret Bearish Marubozu Candle
