How to Trade with Bullish Marubozu Candlestick:
1. Spot the Marubozu: Appears right after a sideways zone, signaling strong buying pressure and potential start of an uptrend. 📈
2. Volume Confirmation: A high volume Marubozu indicates serious buyer commitment. 🔄
3. Entry Point: Consider entering at the close of the Marubozu or on a slight pullback. 🚪
4. Stop Loss: Set it below the low of the Marubozu to protect your trade. 🛑
5. Take Profit: Aim for a high reward with a risk-reward ratio of 1:2 🎯
This candle can signal a powerful move ahead, so be ready to act✔️