What Happens in Oil Trading after a Bullish Marubozu Candle?

A Bullish Marubozu candle sticks pattern is a candle which shows the opening crude oil price is also the low crude oil price & closing crude oil price is also the high oil price. Marubozu crude oil candlestick patterns means there were no retracements during that crude oil price period and this shows that buyers were in total control of the oil price.

A bullish Marubozu candlesticks pattern is a continuation candlesticks pattern which means that the next candle-stick is likely to continue in same upward oil trend direction.

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

Marubozu Oil Trading Candles Patterns - What Happens in Oil Trading after a Bullish Marubozu Candle?