The Bearish Marubozu is a large, solid bearish candle without wicks, showing that sellers held control throughout the session. Found in downtrends, it signals strong bearish sentiment and suggests that the trend is likely to continue. The lack of wicks reflects consistent downward momentum without significant buyer support.
This pattern speaks volumes about market psychology, offering traders insights into moments of intense selling pressure. Recognizing the Bearish Marubozu can help you align with prevailing trends and avoid buying into weakening markets. The Chart Guys offer extensive educational resources to help you identify and interpret powerful patterns like this one.