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Closing Marubozu

The Closing Marubozu Candlestick Pattern Indicator generally are continuation patterns, meaning that the current trend will continue. This Indicator works by generating Buy and/or Sell Trade Signals after the pattern has formed.

For more information about this Candlestick Pattern, please check out Bearish Closing Marubozu and the Bullish Closing Marubozu.

Your position determines the trade signal used for this indicator! If you are in a bought position, the trade signal will be a sell signal. If you are in a sold position, the trade signal will be a buy signal. You can set this indicator to produce the signals you want by ONLY enabling those trade signals on the left of the candlestick pattern indicator screen.