double marubozu

in a condition, the appearance of a Marubozu candlestick can indicate a potential price movement according to the shape of the candle, whether Marubozu is bullish or bearish,

usually this marobozu pattern indicates a reversal, which has a considerable profit potential. However, even though it has a large enough profit potential, we still have to maintain money management that must be implemented properly here

I also often use this technique because it is very simple and simple. so we only need to see a marubozu candle then we enter the market in the direction of the candle formation, if there is a bullish marubozu candle then we buy and on the contrary if a bearish marobozu candle is formed then we sell, but in this technique the risk limitation is quite large if placed on the tip of the shadow candle.

The entry technique using marubozu candles is simple and effective for reading momentum, but it shouldn't be used alone. Combining it with trend analysis, support and resistance areas, and proper risk management will make this technique much more consistent and safe.