The marubozu is a with a long body and no wicks.
A marubozu (1) indicates that buyers were in control during the period the candle was formed. The open priceWhat are value stocks? A value company is a company that app... More equals the low priceWhat is price? The price is the measure of the value of good... More, while the close price equals the high price.
A marubozu (1) indicates that sellers were in control of the session during the period the candle was formed. The close price equals the low price, while the open price equals the high price.
Further reading
Learn more about Japanese candlesticksJapanese candlesticks are a way of showing information on a... More:
