How Can I Interpret Bullish Marubozu Candlestick Pattern?
A Bullish Marubozu candlestick pattern is a candle showing that the starting price is also the lowest price, and the ending price is also the highest price. Marubozu candlestick setups mean there were no price pullbacks during that time, which shows that buyers were completely in charge of the price.
Simplify it like this: your funds are $1,000. After gearing, you control $50,000. So $1,000 is 2% of $50,000. That sets your forex margin need.
So, after a strong Marubozu candle showing buyers, gold prices should keep going up along with the rising trend.
Interpret Bullish Marubozu Candlestick Setups Analysis
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