Marubozu candlestick pattern
Continuation · 1-candle pattern
One side was in control from the first second to the last. Often the move continues.
How to spot it
- A big candle with no wicks
- Opened at one end, closed at the other
- Pure one-sided pressure
How to trade it
- Best at a key support or resistance level, with the bigger trend
- Enter after the pattern candle closes
- Stop loss beyond the pattern wick, target at least 2x the risk
- No pattern works every time - always use a stop loss
Learn it, then trade it with signals.
GOFX AI scans gold around the clock and sends setups with entry, stop loss and take profit to your phone - every win and loss published.
GOFX AI scans gold around the clock and sends setups with entry, stop loss and take profit to your phone - every win and loss published.
Trading involves risk. Lessons are for education, not financial advice.