Forex eBook

White Opening Marubozu Bullish Pattern



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Bullish White Opening Marubozu Pattern

White Opening Marubozu Bullish Pattern Basic Info

The White Opening Marubozu is a single candlestick pattern characterized by a long green body. It has an upper shadow but no lower shadow. This is a strong bullish candlestick pattern.

How to recognize White Opening Marubozu Bullish Pattern

1. A White Opening Marubozu does not have lower shadow but it has an upper shadow.
2. The day opens and prices continue to go up all day long forming a long green body with no lower shadow.
3. The prices close over the opening price but not at the high of the day thus creating an upper shadow.

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