How Do I Trade Bearish Marubozu Candlestick?
A Bearish Marubozu xauusd candlesticks pattern is a candlestick which shows the opening xauusd price is also the high xauusd price & the closing xauusd price is also low xauusd price. Marubozu xauusd candlesticks patterns means there were no retracements and therefore shows that sellers were in total control of the xauusd price.
A bearish Marubozu xauusd candlesticks pattern is a continuation pattern which means that the next candle is likely to continue in same downwards gold trend direction.
Therefore, after a bearish Marubozu candlestick the xauusd price of gold should continue heading downward in the direction of the downwards xauusd trend.
How to Trade Bearish Marubozu Candles Pattern Gold Signal