To complement this candlestick pattern, look at volume. Volume is a very useful tool in helping to identify if the market is truly moving or if it is a fake out. The more people behind a market move is typically better. Beyond that, find other tools that complement this pattern and begin to study it. Again, this is one of the easier candlestick patterns to identify and it can certainly up your trading game.
Marubozu
By Nathan Young | Macroaxis Story |
For those of you who are looking for a simple and very noticeable candlestick pattern, then Marubozu is for you. The set up is utilizing only one candle and the message from that candle can be very clear. With searching for candlestick patterns, it is important to look at fundamental information once a pattern is identified because the goal is to understand what is causing the move and how you can better prepare for it in the future.
Updated over a year ago View currently updated edicational stories | Filter Marubozu |
Reviewed by Gabriel Shpitalnik
The Marubozu candlestick pattern contains one candlestick, and it is found by identifying a candle that has a body with no wicks. This is an indication that the market opened and pushed as high as it could without pulling back or opened high and fell as low as it could for that given period. No wicks indicate that the market had very strong opinions for that given period.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to editors@macroaxis.comDid you try this?
Run Portfolio Dashboard Now
Portfolio DashboardPortfolio dashboard that provides centralized access to all your investments |
All Next | Launch Module |
Other Consideration for investing
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |