How Do You Read Bearish Marubozu Candlestick?

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

A bearish Marubozu forex candle-sticks pattern is a continuation pattern which means that the next candle is likely to continue in same downwards forex trend direction.

Therefore, after a bearish Marubozu candle stick the price of a forex pair should continue heading downward in direction of the downward forex trend.

How Do I Read Bearish Marubozu Candlestick?