Price Action: How to trade the Marubozu Candlestick and the big belt pat...

  
BO Turbo Trader Price Action Guide for Binary Options Trader PDF https://goo.gl/VmcKjJ 👉 SMASH THE LIKE BUTTON 👈 👉 HIT THE SUBSCRIBE BUTTON 👈 👉 LEAVE A COMMENT 👈 Facebook-Group: https://www.facebook.com/groups/31949... Twitter: https://twitter.com/boturbotrader Binary Option Win Rate and Net Profit Calculator + Simulator https://goo.gl/NeUyCp Money Management Masaniello Program + Excel File https://goo.gl/9pNRhs Start Mining Cryptocurrency http://goo.gl/1mJLbU Risk Warning: Your invested capital may be at risk. This video is not an investment advice. Indicators: EMA 3 (blue) EMA 20 (yellow) EMA 50 (orange) EMA 100 (red) EMA 200 (purple) Bollinger Band Period 20 Deviation 2 (green) Bollinger Band Period 20 Deviation 1 (white) You won't find a candle as simple as the long-bodied Marubozu candlestick pattern. Formed by just one candle, it relays the current buying/selling pressure. The black marubozu is simply a long black (down, or red on the charts below) candle, with little to no upper or lower shadows. The pattern shows that sellers controlled the trading day from open to close, and is therefore a bearish pattern. What are Marubozu Candlesticks? It is a trending candlestick pattern with out an upper shadow as well as a lower shadow. The real body may be short or long. It may be black or white candlestick. It is a simple candlestick pattern made of a single candleline. They exhibit a strong trend with in the given time period. Spinning Top candlestick pattern. The Spinning Top candlestick pattern has a single candle. It forms at the peak of an uptrend, the bottom of a downtrend, or in the middle of a trend. It can be a bearish or bullish candle. Marubozu Candlestick Pattern. ... Much like the Doji, the Marubozu candlestick pattern is a one-candle, easy-to-spot signal with a very clear meaning. It comes in both a bearish (red or black) and a bullish (green or white) form, and it commands attention with its long and sturdy shape. Marubozu is the name of a Japanese candlesticks formation used in technical analysis to indicate a stock has traded strongly in one direction throughout the session and closed at its high or low price of the day. Marubozu is the name of a Japanese candlesticks formation used in technical analysis to indicate a stock has traded strongly in one direction throughout the session and closed at its high or low price of the day. The chapter helps identify Bullish and Bearish Marubozu candles in a stock chart along with its trade setup for both risk averse and risk taker trader. Marubozu Candlestick type denotes two things, either Reversal of Trend or Continuation of Trend. It can be used to identify Marubozu chart patterns, where by the indicator will rise above 0 to 1 when the Marubozu chart pattern has been identified: Candlestick indicator 1.png. To add the Marubozu indicator to the TimeToTrade charts, go to the chart settings and click on the 'Add Indicator' button. Marubozu candlestick patterns - this article explains the closing and opening marubozu patterns used in candlestick charting. Basic Sentiment Candlesticks. 1. Doji. 2. Marubozu. Reversal Candlestick Patterns. 3. Harami. 4. Engulfing. 5. Piercing Line / Dark Cloud Cover. 6. Hammer / Hanging Man. 7. Inverted Hammer / Shooting Star. 8. Morning Star / Evening Star. 9. Three White Soldiers / Three Black Crows. 10. Hikkake. White Marubozu Candlestick: Summary. With the white marubozu candlestick, I am reminded of the story, "The Emperor's New Clothes" where the emperor did not wear any clothes. The white marubozu candle has no shadows! If you can call a candle naked, then maybe this is an example. Marubozu is a hard to miss candlestick with a full long body and barely any shadows. This solid body indicates a strong movement in any particular direction. This Varsity article on Single Candlestick Patterns covers the Marubozu candlestick pattern. The text book defines Marubozu as a candlestick with no upper and lower shadow (therefore appearing bald). A Marubozu has just the real body as shown below.