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Black Marubozu

Hit Rate:

54 %

Candle Count:

1 Candle

Outlook:

Bearish Reversal

About the Pattern:

  • one single bearish candle

  • the body must be big

  • the wicks should be small or non-existent

Outlook:

  • the end of an uptrend and start of a downtrend

  • the end of a pullback, resuming a downtrend

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