Candlestick Patterns

Marubozu Bullish

Marubozu Bullish is a bullish pattern represented by one candle. It has a long body and short, or none, wicks with an upward 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 bullish, therefore the bulls are taking over the market and driving the price up. By selecting this indicator in your trading strategy, this pattern will generate a buy signal.

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