#TradingStrategies💼💰

what is closing marubozu?

Candlestick pattern signifies strong price movement where the closing price is the same as the high (bullish) or low (bearish) of the session, with no upper or lower wicks. This indicates a persistent trend throughout the session, potentially suggesting trend continuation or a possible reversal, especially after a prolonged trend. 

Bullish Closing Marubozu:

The closing price matches the session's high, indicating strong buying pressure and a potential continuation of the uptrend.

It can also signal a possible trend reversal when appearing in a downtrend. 

Bearish Closing Marubozu:

The closing price matches the session's low, indicating strong selling pressure and a

potential continuation of the downtrend.

It can also signal a possible trend reversal when appearing in an uptrend. 

this is not financial advice please do little research on it and combine it with other strategies/indicators,it will help you in taking entry

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