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Marubozu Line and Opening/Closing Marubozu Line

by admin April 5, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup
Marubozu Line

– They have not Shadows and they are long as the Long Lines.

– The more longer the Candles are, the more reliable is the signal of Rise or Fall in the prices.

– They have the Close and the Open at the same level of the High and Low reached during the Period of time that the Candles represent.

Opening Marubozu

– They have the same meaning of the Marubozu Line.

– In case of an Opening White Marubozu: the Candle is long and white; it has only the Upper Shadow.

– In case of an Opening Black Marubozu: the Candle is long and black; it has only the Lower Shadow.

Closing Marubozu

– They have the same meaning of the Marubozu Line.

– In case of a Closing White Marubozu: the Candle is long and white; it has only the Lower Shadow.

– In case of a Closing Black Marubozu: the Candle is long and black; it has only the Upper Shadow.

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
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Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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