Closing Black Marubozu

A Closing Black Marubozu is a candlestick with a long body where the closing price and the low are at the same level (there is no lower shadow) and indicates the strength of the downtrend. When a Closing Black Marubozu occurs in a downtrend, along with other black candles, this candlestick confirms the strength of the trend. The occurrence of Closing Black Marubozu in an uptrend can be a signal of a reversal of the trend.

According to some interpretations, the Closing White Marubozu and Closing Black Marubozu are more powerful than the Opening White Marubozu and Opening Black Marubozu. Depending on the position in which the candlestick of this type forms, it can be a reversal or continuation candlestick.