Marubozu Candle Patterns
Marubozu Candlesticks Chart Patterns
Depending on the size and shape of a Gold Trading candlestick it is possible to determine strength of buyers or sellers. Likewise it is also possible to determine the underlying weakness of the buyers & sellers.
Marubozu Candles Patterns
Marubozu Candles Patterns - Candles with long bodies show that there were a lot of buyers/sellers, depending on the color of the candlestick.
When xauusd price makes a huge move from the opening xauusd price to the closing xauusd price it shows the strength of buyers/sellers - Marubozu Candles Patterns.
Long Blue Candles - Marubozu Candles Patterns - Strength of Buyers
Long Red Candlesticks - Marubozu Candles Patterns - Strength of Sellers
Long Body Candles - Continuation XAUUSD Candlestick Patterns. Marubozu Candlestick Pattern - How to Trade Marubozu Candles Patterns - How to Analyze Marubozu Candlesticks Pattern
Marubozu Candle Patterns
Marubozu Candlestick Patterns are long candlesticks that have no upper or lower shadows, Like illustrated below.
Marubozu Gold Trading Candles
Marubozu Candlestick Patterns are continuation candlestick patterns that show xauusd price is going to continue in same direction as that of the marubozu candlestick pattern. The marubozu candlestick pattern can be white/blue or black/red depending on direction of the trend.
XAUUSD Trading Analysis of Marubozu Candles Patterns
White marubozu candlestick pattern- the open is also the low & the close is also the high.
Marubozu candlestick pattern means there were no retracements during that xauusd price period and therefore shows that buyers were in total control of the xauusd price.
White Marubozu candle pattern is a continuation candle pattern meaning that the next gold candlestick is likely to continue in the same upwards gold trend direction.
Black marubozu candle pattern - the open of the Marubozu candle pattern is also the high - & the close is also low.
Marubozu candlestick pattern means there were no xauusd price retracements in the xauusd market and therefore shows that sellers were in total control of the xauusd price.
Black Marubozu candle pattern is a continuation candlesticks pattern meaning that the next gold candle is likely to continue in the same downwards gold trend direction.
