How to Read Bearish Marubozu Candlestick

A Bearish Marubozu candlesticks pattern is a candle stick which shows the opening gold price is also the high gold price & closing gold price is also low gold price. Marubozu candles patterns means there were no retracements & therefore shows that sellers were in total control of the gold price.

A bearish Marubozu xauusd candlesticks pattern is a continuation pattern which means that the next candle-stick is likely to continue in the same downwards 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.

How to Read Bearish Marubozu Candlestick - Read Bearish Marubozu Candles Pattern