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The Marubozu is a Japanese candlestick pattern that comes in two forms: Bullish Marubozu and Bearish Marubozu. Each version provides valuable insights into the sentiment of the market during the timeframe of the candle.

Bullish Marubozu

- Appears as a long white (or green) candle with no or very short shadows (wicks).

- Signifies strong buying pressure throughout the trading period.

- The opening price is the low, and the closing price is the high of the candle, indicating that buyers were in control from the open to the close without significant opposition.

- It suggests that the market sentiment is heavily skewed towards the upside and that the bullish trend could continue.

- In terms of future price action, the Bullish Marubozu's opening can act as a support level.

Bearish Marubozu

- Manifests as a long black (or red) candle with no or very short shadows.

- Signals strong selling pressure throughout the trading period.

- The opening price is the high, and the closing price is the low, showing that sellers dominated the session from the opening to the closing bell.

- It indicates that market sentiment is bearish, with the potential for the downward trend to persist.

- The Bearish Marubozu’s opening price may serve as a resistance level in future sessions.