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Candlestick pattern

Bullish marubozu

Large bullish body with opening near the minimum and closing near the maximum, without relevant shadows.

Example in context

A resistance is overcome with a wide candle that opens at lows and closes at highs.

Prior contextHighlighted pattern · confirmation follows

Exact formation

Large bullish body with opening near the minimum and closing near the maximum, without relevant shadows.

What is happening in the market

Buyers controlled practically the entire period without allowing significant setbacks.

Where it matters

It can confirm a breakout or buying capitulation, but after an extreme advance it can also be a climax.

How to confirm it

Acceptance of its closure or retreat that respects a good part of the body.

When it is invalidated

Closure that quickly crosses the body and loses its minimum.

Common mistake

Buy any marubozu without measuring extension, volume and area of ​​origin.