Forex eBook

White Marubozu Bullish Pattern



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White Marubozu Bullish Pattern

White Marubozu Bearish Pattern Basic Info

The White Marubozu is a single candlestick pattern characterized with a long green body having no shadows on either end. It is an extremely strong bullish candlestick pattern.

How to recognize White Marubozu Bearish Pattern

1. A white Marubozu does not have upper or lower shadows.
2. The day opens and prices continue to go up all day thus forming a long green day with no lower shadow.
3. The day also closes at the high of the day and hence with no upper shadow.

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