Definition
Bearish Marubozu Closing is a single, long black candle. The candle has only upper shadow. The candle is a strong, bearish formation.
- Trend: Neutral
- Expected trend: Bearish
- Previous trend: Neutral
- Reliability: Low
- Type: Neutral
- Number: 1
Recognition
- Bearish Marubozu Closing has only upper shadow.
- The share price increases a bit after the market opens but then starts falling. It forms a long black candle.
- The market closes at the daily minimum.
Interpretation
Bearish Marubozu Closing is a single black candle. The candle has a long black body and only upper shadow. This means that after a short increase, the share price fell and closed at the daily minimum. This formation is a typical in inclining trends. The candle can signal the continuation of an inclining trend or a final sale before a trend reversal.
Important factors
Bearish Marubozu Closing can be both an inclining trend continuation signal or a trend reversal signal. Its role depends on the previous candles. Bearish Marubozu Closing is a single black candle with low reliability. It only reflects the trading of one day and it can signal both the continuation or the reversal of a trend. Therefore, it is recommended to interpret the formation with the previous candles and formations.
