MARUBOZU
Marubozu means bald headed. It simply means that it has no price action above or below the open and closing prices. It looks like a formation obtained from only two data points that is, open and close. But in reality there are four data points – open, high, low and close – like any other…
This post is only available to members.
Related posts
As the name suggests, single candlestick patterns involve only one candle. It means that only... Continue reading
Charts are the indispensable part of technical analysis. They are the best means to capture... Continue reading
Technical analysis is the study of market actions, primarily through the use of charts, for... Continue reading
