How Do I Read Bearish Marubozu Gold Candlestick?
A Bearish Marubozu candle sticks pattern is a candlestick which shows the opening xauusd price is also the high xauusd price & closing xauusd price is also low xauusd price. Marubozu candles patterns means there were no retracements & therefore shows that sellers were in total control of the xauusd price.
A bearish Marubozu xauusd candle sticks pattern is a continuation pattern which means that the next candlestick is likely to continue in the same downwards gold trend direction.
Therefore, after a bearish Marubozu candle the xauusd price of gold should continue heading downwards in direction of the downwards xauusd trend.

How Do You Interpret Bearish Marubozu Gold Candlestick? - How Do You Read Bearish Marubozu Candlesticks Pattern?


