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Forex candlestick charts: Marubozu 1 Citation Definitions of the Marubozu can vary?The majority view seems to be that marubozu = a candlestick with no upper or lower shadows.
Some will use the term to describe a candlestick with one shadow, usually trailing the trend direction, so that an open (bullish) candle will have a lower shadow and conversely a bearish has an upper shadow., blogmarks.net
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