BearishSingle CandleCh. 9

Bearish Marubozu

A long red candle with little or no wick. Sellers controlled the session from the open to the close.

Where it matters

Most meaningful when it breaks below a support level or a range. Inside a range it is often just noise.

The pattern in context
Bearish Marubozu: Most meaningful when it breaks below a support level or a range. Inside a range it is often just noise.SupportConfirm

Faded candles are the trend before it, the band is the pattern, the dashed line is the level it formed at, and ✓ marks the confirming candle.

How to read it

  1. 01

    How it forms

    Price opens near the high and closes near the low. Buyers could not recover any part of the fall.

  2. 02

    Where it matters

    Most meaningful when it breaks below a support level or a range. Inside a range it is often just noise.

  3. 03

    What confirms it

    The next candles stay below the middle of the Marubozu body. A fast recovery into the body weakens the read.

  4. 04

    Where the idea is wrong

    A close above the high of the Marubozu shows that the selling did not last.

  5. 05

    What volume should do

    Volume clearly above the recent average supports the idea that the selling had wide participation.

  6. 06

    Common mistake

    Reacting after a long, steep fall. A large red candle late in a decline can mark capitulation.

From the book

Read the full chapter in the book.

Chapter 9 of Trading Candlestick Patterns explains the Bearish Marubozu with real Indian market charts, volume context and stop-loss placement.

Trading Candlestick Patterns by Rohit Singh

Educational content only. A pattern describes what buyers and sellers did; it does not predict what price will do next. Not investment advice or a buy, sell or hold recommendation.