continuation pattern is considered low in reliability.
A white closing
Marubozu is a single tall white candlestick with no upper wick but a lower
wick. This means that the day opened and prices dropped lower (lower wick) but
prices went up during the day, closing at the high of the day. Confirmation is
A black closing
Marubozu is a single tall black candlestick with an upper wick but no
lower wick. This indicates a bearish trend where sellers are in control and end
the day selling low. The longer the candle, the more bearish the signal.
Confirmation is required.
Bullish or bearish.
bullish, black bearish.