bearish marubozu

 

A bearish marubozu candle is a strong candlestick pattern that signals a significant downward movement in price.and it is formed at the yop of the trend characteristics:

1. Long body: The candlestick has a long body, which represents a large difference between the open and close prices. The body is fully bearish, meaning the open price is at the high of the candle and the close price is at the low.

2. No wicks or shadows: There are little to no wicks (or shadows) at the top and bottom. This indicates that the price moved steadily downward throughout the entire trading period, with little resistance at the top.

3. Close lower than open: The close is significantly lower than the open, confirming strong selling pressure.

4. Indicates strong downward momentum: This pattern suggests that bears are in control, and it typically appears in a downtrend or after a brief pullback in an uptrend.