What Happens in XAUUSD Trading after a Bearish Marubozu Candle?
A Bearish Marubozu candlesticks pattern is a candle stick which shows the opening gold trading price is also the high gold price & closing gold trading price is also low gold trading price. Marubozu candles patterns means there were no retracements & therefore shows that sellers were in total control of the gold trading 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 trading price on a xauusd chart should continue moving downwards in the direction of the downwards gold trend.

Marubozu Candlesticks Patterns - What Happens in XAUUSD Trading after a Bearish Marubozu Candle?


