What is White Marubozu: Bullish Reversal/Continuation Pattern?
White Marubozu is a bullish reversal/continuation pattern. It is a large white candlestick with no wicks on either end. It is considered to be an extremely bullish candle. The candle can lead to a continuation of the current uptrend or start of a bearish reversal.
This candle often occurs with high volume. So it becomes very crucial to determine whether it is a continuation or reversal.
White Marubozu is a bullish reversal/continuation pattern. It is a large white candlestick with no wicks on either end. It is considered to be an extremely bullish candle. The candle can lead to a continuation of the current uptrend or start of a bearish reversal.
This candle often occurs with high volume. So it becomes very crucial to determine whether it is a continuation or reversal.
