Forex eBook

White Closing Marubozu Bullish Pattern

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Bullish White Closing Marubozu Pattern

White Closing Marubozu Bullish Pattern Basic Info

The White Closing Marubozu is a single candlestick pattern characterized by a long green body with no upper shadow. This is an extremely strong bullish candlestick pattern.

How to recognize White Closing Marubozu Bullish Pattern

1. A White Closing Marubozu has a lower shadow but no upper shadow.
2. The day opens, the prices then slightly go lower creating the lower shadow but then prices continue to go up all day thus forming a long white day.
3. The day then closes at the high of the day and hence with no upper shadow.

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