How Do You Interpret Bullish Marubozu Candlestick?

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

A bullish Marubozu candles pattern is a continuation candles pattern which means that the next candle is likely to continue in the same upward gold trend direction.

Therefore, after a bullish Marubozu candlestick the xauusd price of gold should continue heading upward in direction of the upwards trend.

Interpret Bullish Marubozu Candlestick Patterns Technical Analysis