How Can I Interpret Bullish Marubozu Candlestick Pattern?
A Bullish Marubozu candlesticks pattern is a candle which portrays the opening price is also the low price & closing price is also the high price. Marubozu candlesticks setups means there were no price retracements during that the price period and this shows that buyers were in total control of the price.
A bullish Marubozu candlesticks setup is a continuation candles pattern which means the next candle is likely to continue in the same upward gold trend direction.
Therefore, after a bullish Marubozu candle the price of gold should continue heading upward in direction of the upwards trend.
Interpret Bullish Marubozu Candlestick Setups Analysis
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