Marubozu Candlestick Pattern.....

The Marubozu is a unique and powerful single candlestick pattern that signals strong momentum in the market.

📌 What is a Marubozu?
A Marubozu candlestick has "no wicks or small wicks" — just a full body from open to close. This shows that the buyers or sellers were in complete control during that period.

🔵 Bullish Marubozu
A Bullish Marubozu opens at the low and closes at the high, showing strong buying pressure. It often appears at the beginning of a bullish move or during a breakout.


🔴 Bearish Marubozu
A Bearish Marubozu opens at the high and closes at the low, indicating strong selling pressure. It can mark the start of a downtrend or a continuation of bearish strength.


🧠 Interpretation
Marubozu patterns are seen as signs of conviction. When spotted at support or resistance zones, they can strengthen breakout signals or confirm reversals.

⚠️ Tip:
Always combine Marubozu with volume analysis or other indicators to avoid false signals and improve accuracy.

🔍 Use this pattern to identify strong momentum shifts and trade in the direction of the breakout!

Disclaimer :
This post is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.