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How to identify the Marubozu Candlestick pattern?
The Marubozu candlestick pattern is a key indicator in technical analysis, used to assess market sentiment and momentum. It appears as a solid candlestick without wicks (or very small ones), signaling a strong, one-sided movement. To identify this pattern, focus on the following traits:

1. No Upper or Lower Wicks: In a true Marubozu, the opening price equals the low (for a bullish Marubozu) or the high (for a bearish Marubozu). This lack of wicks shows that buyers or sellers dominated the session from open to close.

2. Strong Body: A bullish Marubozu has a solid green (or white) body, where the closing price is higher than the opening, reflecting aggressive buying. A bearish Marubozu, conversely, has a solid red (or black) body, indicating selling pressure.

3. Market Sentiment: A bullish Marubozu suggests continued upward momentum, while a bearish Marubozu implies downward pressure.

Marubozu patterns are usually seen at the beginning or end of a trend. In an uptrend, a bullish Marubozu can confirm the trend, while a bearish Marubozu can signal the start of a reversal in a downtrend. Understanding this pattern helps traders gauge market direction and possible entry or exit points.
The Marubozu candlestick pattern is easy to identify due to its distinct structure. It is characterized by a long body without upper or lower shadows (wicks), meaning the opening and closing prices are the highest and lowest points of the session. A bullish Marubozu occurs when the open price is at the low, and the close price is at the high, indicating strong buying momentum. A bearish Marubozu forms when the open price is at the high, and the close is at the low, reflecting intense selling pressure. This pattern signals a decisive market direction and often suggests a continuation of the current trend. It's a strong indicator of market sentiment in technical analysis, useful for identifying potential entry or exit points.

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