How to Oil Trade Bearish Marubozu Candlestick

A Bearish Marubozu crude oil candlesticks pattern is a candlestick which shows the opening crude oil price is also the high crude oil price & closing crude oil price is also low oil price. Marubozu crude oil candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the oil price.

A bearish Marubozu crude oil candles pattern is a continuation pattern which means that the next candle-stick is likely to continue in same downward oil trend direction.

Therefore, after a bearish Marubozu candle the crude oil price of a oil pair should continue moving downward in the direction of the downward crude oil trend.

Oil Trade Bearish Marubozu Crude Oil Trading Candlesticks Pattern Trading Signal