What Happens in Oil Trading after a Bearish Marubozu Candlestick?

A Bearish Marubozu candlesticks pattern is a candlestick which shows the opening crude oil price is also the high crude oil price and closing crude oil price is also low oil price. Marubozu candlesticks patterns means there were no retracements and therefore shows that the 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 candlestick is likely to continue in same downward oil trend direction.

Therefore, after a bearish Marubozu candlestick the crude oil price on a oil chart should continue moving downward in the direction of the downwards oil trend.

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