The Marubozu Candlestick Pattern: The Most Powerful Candlestick Pattern?

The Marubozu candlestick pattern can be used to identify both bullish and bearish trends. A bullish Marubozu indicates that the bulls are in control and that the price is likely to continue to rise. A bearish Marubozu indicates that the bears are in control and that the price is likely to continue to fall.