Marubozu Bearish

The Marubozu Bearish is a bearish pattern represented by one candle. It has a long body and short, or none, wicks with a downward movement. The Marubozu has no wicks or shades, it is a long candle that heads to one direction very aggressively. It can be bearish or bullish.

In this case, it is bearish, therefore the bears are taking over the market and driving the price down. By selecting this indicator in your trading strategy, this pattern will generate a sell signal.