Bullish Marubozu

It's candle B and price rocketed straight up right after it closed. That candle closed strong with a solid body and no wicks at all.

A trader watching this would see buyers firmly in complete control here. A common mistake is jumping in without waiting for one confirming candle.

Traders have a specific name for this candle the Bullish Marubozu. It basically means buyers controlled every single second of that candle.

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