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marubozu base system

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The entry technique uses a marubozu candlestick. The marubozu candle is no longer in doubt as a powerful confirmation candle, here we will use the marubozu candle as a base to confirm the next candle until the defense is broken, as long as the top and bottom of the marubozu candle are still valid, the marubozu candle that we use is at least 2 or 3 long fold



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#1 - July 03, 2021, 01:04:41 AM
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« Last Edit: July 27, 2024, 09:50:14 PM by Admin »

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I think this is one of the easiest ways to use trading, it's just that, according to my mindset, marubozu is a candlestick with a long body, but in this example there is also a candle that if we enter we lose because the next candle is in the opposite direction, maybe we have to collaborate with volume
#2 - August 07, 2021, 01:25:21 AM

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Marubozu base system in forex trading is a price action strategy that uses the marubozu candlestick pattern to identify trends and momentum in the market. A bullish marubozu indicates strong buying pressure, while a bearish marubozu indicates strong selling pressure. Traders can use this system to enter trades in the direction of the trend and set stop-loss orders to limit potential losses. The system is simple and effective, but it's important to have a solid understanding of price action and candlestick patterns before using it in real trading.
#3 - March 04, 2023, 11:36:01 PM

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