Monday, April 27, 2015

Marubozu candlestick pattern

Marubozu

Marubozu

Marubozu is a candlestick pattern which has a long body and no upper and lower shadows.
The color of this candle can signify the further trend direction.

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.


The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).


















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