20 Rules Followed by Professional Traders

trading rules

But facts, not emotions or hope, should develop a trading plan. World politics, news events, economic trends—even the weather—all impact the markets. The more traders understand trading rules the past and current markets, the better prepared they are to face the future. Trading is a business and incurs expenses, losses, taxes, uncertainty, stress, and risk.

The number of actual trading days during a typical calendar year, as most markets are closed for holidays and weekends. It’s natural for traders to emulate their financial heroes, but it’s also a perfect way to lose money. Learn what you can from others, then back off and establish your own market identity, based on your unique skills and risk tolerance.

Richard Rhodes’ Trading Rules

Your portfolio value may fluctuate above $25,000 at some point during the trading day, but we only take into account the closing balance of the previous trading day. Online trades are $0 for stocks, ETFs, options and mutual funds. See our Pricing page for detailed pricing of all security types offered at Firstrade. Options trading involves risk and is not suitable for all investors.

trading rules

The EU also works with the World Trade Organization (WTO) to help set global trade rules and remove obstacles to trade between WTO members. Understanding your trading mindset and trading style is an essential part of your success. that go beyond being able to open and close positions.

Market multiples and stock returns among emerging and developed financial markets

We will not accept significant differences in risk size, or trading style to fulfill the active trades or trading days. If we do see a big difference to only fulfill these active trades or trading days, we will not count these days as active, and then you will still need to fulfill these days before continuing to the next stage. Most margin requirements are calculated based on a customer’s securities positions at the end of the trading day. A customer who only day trades doesn’t have a security position at the end of the day upon which a margin calculation would otherwise result in a margin call. Nevertheless, the same customer has generated financial risk throughout the day. These rules address this risk by imposing a margin requirement for day trading calculated based on a trader’s largest open position during the day rather than on open positions at the end of the day.

trading rules

Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Because the $25,000 portfolio value requirement is set by FINRA, all brokerages are required to enforce it. For more information, you can learn about day trading rules on FINRA’s website. Booking reliable profits in financial markets is harder than it looks at first glance. In fact, unofficial estimates suggest that more than 80% of would-be traders eventually fail, wash out, and turn to safer hobbies. But the brokerage industry rarely publishes client failure rates because they’re likely concerned the truth will scare off new accounts.

Forex Copy Copy Trade APK Android App Free Download

Лайм ФХ copy trade

One click trading increases efficiency and allows you to choose the same settings for every position. You can use the platform on all of your device as it is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). This means you can check if the signal provider you choose is trustworthy.

Big events like the ones we’ve seen in 2020 have brought upon an unprecedented trading environment – this makes the markets unpredictable, and thus, volatile. This is the basic retail account that supports trading with EUR, USD, and GBP as base currencies. The account has a fixed 2-7 spread fees and offers instant trade execution.

There is depth of market level II pricing showing volumes and different bid/ask prices. More order types are supported and the strategy tester supports back testing multi-currency automated strategies. Just like its predecessor MT4, the MT5 platform is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). Although Zerodha copy trading is not very popular, the platform offers copy trading services. TU experts told about minimum deposit, commissions and copy trading on Zerodha. Zerodha Broking Limited is a prominent brokerage firm based in India.

Лайм ФХ Security Measures

The Islamic account overview is designed for Muslim traders who want to trade in compliance with Sharia law. The key benefits of this account type are swap-free trading without overnight fees, tight and fixed spreads, no commission, and no hidden fees. Regardless of which strategy you use, always perform backtesting through demo accounts before using them in live markets. This will provide insights into the performance metrics of your chosen tactics while minimizing trial-and-error costs.

  • MT4 supports all browsers – Windows, Linux, macOS, and the handheld Android and iPhone devices.
  • The number of professional traders who use Лайм ФХ currently surpasses 7 million, an astounding statistic.
  • This gives greater flexibility for the needs of each individual client.
  • They go through the form and answer all your queries within a short period.

The promotion “Lucky Trader” rewards loyal Лайм ФХ traders that only trade with demo account. This is a unique promotion at Лайм ФХ, because most brokers offer such actions only for customers who trade with real money. The online broker Лайм ФХ has offered trading services since 2007.

Deposit and Withdrawal Fees

The trading signals offered by this Лайм ФХ trading platform are liked by all. The trading style that this platform supports and the trading conditions that this online trading platform offers is commendable. Also, the platform acknowledges all the limefx positive feedback and negative reviews sportingly that are provided by international traders. On the other hand, Лайм ФХ conditions vary according to the company you will trade with, and social trading fees for particular items may be significant.

A good Sweden copy trading customer support will be able to help you in any situation. This is essential to avoid any problems while you are using copy trading. The best copy trading platform in Sweden will allow you to monitor the performance of other Swedish traders to find a trader who is able to produce profits for you. A good Sweden broker platform will also have preset categories, making it easier for you to find a trader who is experienced in a particular field.

Лайм ФХ copy trade

There are several factors to consider when choosing a trader to copy in Sweden. The best ones will have the most followers and a proven track record of performance. If they have been making money for three years or more, they are likely to be able to pass on that winning streak to you. If Swedish copy traders are looking for a long-term trader, you will want to make sure that the traders you copy have been around for several years. Лайм ФХ have a few extra add-ons for the MT4 platform including magic button and one click trading. The magic button simplifies the process of placing, managing and closing orders.

Users of the HotForex MT4 Terminal will discover a very familiar trading experience with all of the power of the MT4 and even more capabilities. Read our honest Лайм ФХ review further to learn more about this international trading platform and determine whether Лайм ФХ is a good fit for you. Лайм ФХ is a worldwide brokerage brand that offers forex and CFD trading and excellent all-around service to seven million consumers. Лайм ФХ has established itself as one of the most well-known and rapidly rising worldwide brands with multiple high-profile sponsorships. There are various ways to identify a regulated copy trading commodity broker in Sweden.

👉 Why should I verify my Лайм ФХ account?

Лайм ФХ is a popular online trading platform that offers a wide range of financial instruments, including forex, stocks, indices, and commodities. It provides its users with a user-friendly interface, advanced trading tools, and instant access to the global financial markets. Additionally, Лайм ФХ offers competitive spreads and fast trade execution, making it an attractive option for traders of all levels.

So both experienced, successful traders and average traders profit greatly from ForexCopy. This tool is another great reason for signing up at Лайм ФХ now. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following.

FXTM has been well-known as a good and user-friendly platform since 2016. The mechanism of the platform is easily understandable for beginners. On FXTM there are 250 instruments and it is possible to copy trades in Forex, stocks, and CFDs.

However, clients can copy the trades of professionals and successful traders from the broker’s trading community. Alongside Лайм ФХ’s proprietary web-based platform, it also offers support for MT4, one of the most popular trading platforms in the Forex industry. Trading accounts can only be denominated in four base currencies – EUR, USD, GBP, and RUB, which is limited compared to other brokers. Most other brokers denominated accounts in at least five to ten currencies. Fees are only charged for deposits on the Standard and Eurica accounts, while traders are charged for all withdrawals. However, Лайм ФХ covers commissions for withdrawals if the sum of a transaction is above 5,000 EUR (or equivalent in another currency).

It can be said that OYS offered by Лайм ФХ can be considered a good potential source of passive income due to its simplicity and convenience. With OYS, traders can easily and quickly execute trades with just one click, without the need to navigate through multiple steps or complicated processes. Furthermore, experienced professionals with extensive market knowledge oversee the entire investment process. By continuously monitoring the market, these professionals eliminate the need for traders to constantly keep tabs on market fluctuations. This arrangement enables traders to achieve passive income while benefiting from the expertise of seasoned professionals. Additionally, investors can monitor the trading history of the PAMM trader in their Client Area, providing transparency and insight into the trader’s performance.

Лайм ФХ Affiliate Program

With Sweden copy trading, you can learn from experienced Swedish traders without risking your own money. There is no need for Swedish traders to learn everything yourself, because there are many professionals who do it every day in Sweden. To copy a successful trader, you need to have a strategy of your own. You can do this by following the trader’s signals and taking the profits. By copying a successful trader in Sweden, you will be able to gain passive access to the global financial markets.

The Sweden platform fee is dependent on the size of the account and the amount of capital the trader has. When choosing a copy trading platform, it is important to check its fees. Many companies charge high fees, so it is crucial to compare prices and fees to make sure you are getting the best deal available in Sweden. Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders. However, spreads on these accounts are often wider than those with higher minimum deposits.

What is the Best Copy Trading Platform in Sweden?

If you are unsure of your trading abilities, you can try the process on a demo account first before committing to live trading with a live account. If you are not sure how to use copy trading, try it out for free on a demo account and gain some experience. First and foremost, ForexCopy allows traders with little experience to make money on the forex market by following the trading strategies of successful traders. It also provides a large selection of best-performing strategy providers, complete with full and transparent statistics. Additionally, the minimum deposit required to participate in ForexCopy is only $10, making it accessible to traders with limited funds. Traders who use ForexCopy also have full control over their trading accounts.

Best Indicators For Swing Trading

best indicators for swing trading

Now, if you are a price action trader, you will love the next indicator on the list. The bands also contract and expand in reaction to volatility fluctuations, showing observant traders when this hidden force is no longer an obstacle to rapid price movement. U.S. Oil Fund (USO)’s 50- and 200-day EMAs rose steadily into the summer of 2014, while the instrument pushed up to a 9-month high. The 50-day EMA turned lower in August, with the 200-day EMA following suit one month later. The shorter-term average then crossed over the longer-term average (indicated by the red circle), signifying a bearish change in trend that preceded a historic breakdown. We don’t care what your motivation is to get training in the stock market.

best indicators for swing trading

When the bars of the histogram reach a peak, that means the trend is accelerating. Indicators will generally tell you the direction a trend is going, the momentum of that trend (how strong the trend is), or the volume of trading that is happening on a given asset. Combining indicators that show each of these facets of a security can help you understand the full picture. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training.

Many traders can’t sit by a computer throughout the day, looking at charts and formulating precise entry and exit points. Swing trading provides an excellent option for traders who cannot watch stock charts all day. As a swing trader, the 6 indicators above are going to be your bread and butter.

Whereas swing traders may earn steady 5% gains every week and could eventually record more gains than the other traders in the long run. If the moving average line is angled up, an uptrend is underway. However, moving averages don’t make predictions about the future value of a stock; they simply reveal what the price is doing, on average, over a period of time.

With that, you can wait for confirmation such as large bearish candlesticks and volume. Both momentum trades and reversal trades can be identified through indicators. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

On top of that, the shorter the time frame, the less reliable this indicator is. In the chart above, the stochastic oscillator reaches values of 95, indicating oversold conditions – and a correction quickly follows. Support and resistance are the cornerstone of technical analysis, and serve as a great shorthand for supply and demand.

Swing Trading Indicator #2: OHLC

They are in the business of assessing trades on a risk/reward basis. When they examine the indicators of an asset they hope to enter, they place a stop loss and then they determine when they can exit with a profit. Luckily for beginners, some of the most accurate indicators for swing trading are the best indicators for swing mentioned above. Even though several swing trading indicators abound, the best ones are some of the earliest indicators for swing trading you would learn in your trading journey. This is a plus because some of these best indicators for swing trading can be complex for beginners to learn.

  • The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms.
  • These volatility indicators show the range of price movements around a moving average.
  • As expected, this will lead to price correction.As mentioned earlier, conditions of a stock being overbought or oversold can be detected.
  • Swing traders work diligently to use an indicator specifically designed for the specifics of their trading strategy and the current market environment.

You can find a lot of information in the following post, all about volume profiles. The ultimate volume profile guide for futures trading & how to read volume on TradingView. The more times a market bounces off a support or resistance line, the stronger it is seen as being. If the market does then move beyond that area, it often leads to a breakout. The Relative Strength Index is a very versatile trading indicator that is bound to help you even after you have become an advanced trader. Studying the RSI properly and learning all of its intricacies can help you a lot.

When the nine-period EMA crosses below the 13-period EMA, it signals a short entry or an exit of a long position. However, the 13-period EMA has to below the 50-period EMA or cross below it. Keep volume histograms under your price bars to examine current levels of interest in a particular security or market. The slope of participation over time reveals new trends—often before price patterns complete breakouts or breakdowns. You can also place a 50-day average of volume across the indicator to see how the current session compares with historic activity. Looking for the best technical indicators to follow the action is important.

The height or depth of the histogram, as well as the speed of change, all interact to generate a variety of useful market data. We understand moving averages – now let’s put a bunch of moving averages together to see what they do! Basically, in the MACD we take two moving averages, usually a 26-day and a 12-day.

Moving average convergence divergence (MACD) indicator, set at 12, 26, 9, gives novice traders a powerful tool to examine rapid price change. This classic momentum tool measures how fast a particular algorithmic trading strategies market is moving while it attempts to pinpoint natural turning points. Buy or sell signals go off when the histogram reaches a peak and reverses course to pierce through the zero line.

This means that they are most useful in confirming an upward or downward trend, and they are not able to predict what will happen to that trend in the future. In this guide, we’ll cover the basics of swing trading, how indicators can help you, and of course, what those indicators are. Moving average crossovers can identify the end of a trade and when to enter or exit.

Basic Swing Trading Indicators

Once traders master an indicator, they can look into more complex indicators to delve into other trading strategies and setups. This is another of the many lagging indicators you’ll use to assess momentum in a stock’s trend. The Bollinger band tool gives you a look at how high or low a price is relative to previous trades. It indicates how volatile the market is, while also giving you insights into whether the stock is overbought or oversold.

He or she holds the asset for a relatively short period (usually two days to a few weeks) in the hopes that a significant swing will occur. They then take positions based on the expected direction of the next price swing. By plotting a 200-day and 50-day moving average on your chart, a buy signal occurs when the 50-day crosses above the 200-day.

No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. When a market drops to an area of support, bulls will usually step in and the market will bounce higher again.

Risks of Swing Trading with Indicators ☠️

For example, there is confluence if a Head and Shoulders pattern forms, and at the same time, there is a bearish signal coming from a momentum oscillator, such as stochastics or RSI. Volume is a powerful and often overlooked indicator that helps determine the strength and validity of price movements. Conversely, if the price breaks through the level on weak volume, it is a less significant move, and it is less likely that the price will follow through in the same direction. Strong volume serves as a form of confirmation of the validity of the price move.

They paint a picture and are part of a system that can dictate how to trade. When you’re swing trading, you’re buying and holding a stock for more than a day. A typical swing trade lasts anywhere from 3-6 days up to a few weeks. Occasionally, our team will hold a little bit longer, say a few months, if the trend is in-tact. MACD, which means “moving average convergence divergence,” is one of the best swing trade indicators because it’s so easy to incorporate into your decision-making process. Both bearish and bullish MACD crossovers offer a handy way of identifying potential entry and exit points for trades.

best indicators for swing trading

Forex swing trading is a widely-used strategy that involves holding positions for a few days or weeks, aiming to capture price movements in the market. However, finding the ideal entry and exit points can be a struggle. Many forex traders rely on forex swing trading signals – indicators or alerts that tell them when to buy or sell a currency pair. But now that you have a good grasp of the basics, it’s time to level up with some of the finer points of swing trading. In the following article, we’ll explore the ways in which you can (and should) use technical analysis and fundamental analysis when swing trading. The most important momentum, trend, and volatility indicators are mentioned, as are a couple of specific strategies that have proven popular with traders.

Swing Trade Strategies

A moving average smoothens erratic short-term price movements and helps us better understand the trend and in what direction the security is moving. Moving Averages are good indicators on their own, but they are also used as a base for other, more descriptive indicators. There’s no fixed period of time for holding swing trading positions. Additionally, while some traders actively look for volatile markets that have lots of movement, others may prefer more steady markets. In any case, swing trading is about enduring as “little pain” as possible by quickly entering and exiting your trades before the opposing pressure comes into the market. In this example, there is a well-defined descending channel on the Microsoft (MSFT) daily chart.

The volume indicator is perhaps the most simple of all – but also one of the most important. It shows you exactly how much of a stock is being traded, and how distinguished a newly formed trend is. Without a proper understanding of trend, momentum, and volume indicators, you won’t get in fast enough and you won’t get out fast enough.

However, it is important to note that not all trading strategies would work in any market conditions. In the same way, not all strategies would give you the promise of a reward. Let’s see some popular trading strategies that have proven to be effective.

The time frames can be altered to suit your individual trading timeframe. If it is mostly moving horizontally for an extended amount of time, then the price isn’t trending, it is ranging. A trading range occurs when a security trades between consistent high and low prices for a period of time. One way of looking at trading and investing styles is through the lens of the time frame used.

Top 7 Candlestick Patterns to Use In Trading Forex and Crypto

types of candles trading

Remember, in the upward momentum market last down close candles are respected, and last up close candles are respected in the bearish trending market. In the consolidation period, both types of institutional candles are respected. All that said, attempting to trade reversals can be risky in any situation because you are trading against the prevailing trend. For example, during a strong multi-year uptrend, a reversal signal may indicate only a few days of selling before the bigger uptrend starts up again. This information has been prepared by IG, a trading name of IG US LLC. This material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument.

types of candles trading

If this occurs as part of an uptrend, technical traders see it as a sign that the upward movement will continue. If it happens after a downtrend, a reversal may be on the cards. Technical traders take spinning tops as an indication of weakness in an ongoing trend.

Common Habits of Successful Investment Bankers

It is referred to as a bullish engulfing pattern when it appears at the end of a downtrend, and a bearish engulfing pattern at the conclusion of an uptrend. The harami is a reversal pattern where the second candlestick is entirely contained within the first candlestick and is opposite in color. In a related pattern, the harami cross has a second candlestick that is a doji; when the open and close are effectively equal. There are a great many candlestick patterns that indicate an opportunity to buy.

types of candles trading

An Island Reversal Pattern appears when two different gaps create an isolated cluster of price.It usually gives traders a reversal biais. The Island Reversal candlestick pattern is a fantastic candlestick pattern that… The Spinning Top candlestick pattern is a versatile single candle pattern. It is versatile and mysterious because of its formation that can occur at the peak of an uptrend, in the very middle of a trend, or at the bottom of a downtrend. The Rickshaw Man candlestick pattern is very similar to the Long-Legged Doji pattern.

CRM for Credit Unions: Empowering Personalized Financial Services

Suddenly the buyers came into the market and pushed the prices up but were unsuccessful in doing so as the prices closed below the opening price. The second candle should be completely out of the real bodies of the first and third candles. Buyers should now have overpowered sellers, arresting the market’s decline and possibly kicking off a new bull trend.

types of candles trading

CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. When a Doji is spotted, it simply means the market is pausing and that a continuation of the trend prior to the pattern forming will ensue. The Shooting Star is a popular pattern widely followed by traders.

Short Line candlestick pattern: Definition

Let’s first take a look at the basics of candles so you can understand the various parts of a candlestick. Elearnmarkets (ELM) is a complete financial market portal where the market experts have taken the onus to spread financial education. ELM constantly experiments with new education methodologies and technologies to make financial education effective, affordable and accessible to all. The second candle should be completely out of the real bodies of first and third candle. There is no perfect timing to enter the markets and depends on your investment strategy. While investing in stocks during rising market scenarios, you must be careful about the stock selection to ensure that you do not end up paying more for the stocks.

  • You can execute a trade anywhere within the institutional candles.
  • Then institutions grab all the unwilling and willing sell orders as liquidity, and their intended upward market movement has been started.
  • That’s why the institutional candle is also called ‘Bankers Candle.’ It is one of the most popular smart money forex trading concept.
  • Patterns are separated into two categories, bullish and bearish.

Candlestick charts can give you a variety of information if you understand patterns and trends. Using the knowledge of the different types of candlesticks can help you piece together patterns, which will lead to more successful and potentially profitable choices. In this course, Candlestick Made Easy traders will understand various candlestick patterns and how to use them in trading. The real body of this candle is small and is located at the top with a lower shadow which should be more than the twice of the real body. This candlestick has a long bullish body with no upper or lower shadows which shows that the bulls are exerting buying pressure and the markets may turn bullish. A candlestick has a body and shadows, sometimes called the candle and wicks.

Engulfing Bullish and Engulfing Bearish

On its own the spinning top is a relatively benign signal, but they can be interpreted as a sign of things to come as it signifies that the current market pressure is losing control. The hanging man is the bearish equivalent of a hammer; it has the same shape but forms at the end of an uptrend. The piercing line is also a two-stick pattern, made up of a long red candle, followed by a long green candle. Yes, you can use a combination of both fundamental and technical analysis to identify undervalued stocks. While fundamental analysis tells you about the company and its industry, technical analysis helps in evaluating the fair value of an undervalued stock. Thus, a combination of the size and colours of the candlestick reflects market sentiment of the said stock.

Crypto watch: Analyzing the link between bullish and bearish … – Ghana Business News

Crypto watch: Analyzing the link between bullish and bearish ….

Posted: Thu, 08 Jun 2023 07:00:00 GMT [source]

Basically, it is the manipulation phase or tricky area where big banks, institutions manipulate the market for liquidity. You can easily identify this institutional candlestick pattern in charts with your naked eye. You don’t need any institutional candle indicator to look for it. The top 7 candlestick formations are popular among traders because they generate strong signals and are easy to spot and interpret on the charts. When looking at a candlestick chart, the candlestick on the far left will be from the oldest trading period, and the one on the far right will represent the newest or current trading period.

Body of the candlestick

If the candle wick is large, then that simply means that there is higher indecision than a doji with a small wick. Both patterns suggest indecision in the market, as the buyers and sellers have effectively fought to a standstill. But these patterns are highly important as an alert that the indecision will eventually evaporate and a new price direction will be forthcoming. You can also download our Ebook on Technical Analysis which has all candlestick patterns in pdf format. A bullish pattern begins with a large bullish candle followed by a gap higher and three smaller candles which move lower.

A guide to price action trading –

A guide to price action trading.

Posted: Mon, 03 Apr 2023 07:00:00 GMT [source]

When a three inside down appears after a bull market, traders who watch for patterns might see an opportunity for a profitable short position. The three white soldiers pattern appears after an extended downtrend and small consolidation. Technical traders use it as one of the clearest signs that the bear market is over. In a tweezers pattern, two identical candlesticks in opposite directions appear after a bull or bear market. A red hanging man is usually taken as a stronger signal than a green one – though both are considered bearish patterns.

You should not treat any opinion expressed in this material as a specific inducement to make any investment or follow any strategy, but only as an expression of opinion. This material does not consider your investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. No representation or warranty is given as to the accuracy or completeness of the above information. Any research provided should be considered as promotional and was prepared in accordance with CFTC 1.71 and designed to promote the independence of investment research.

So, if the first candle was red, look for a breakdown below the low of the second candle. If the first candle was green, look for a break higher above the high of the second candle. The first candle will follow the direction of the previous trend.

  • This suggests that, in the case of an uptrend, the buyers had a brief attempt higher but finished the day well below the close of the prior candle.
  • On the next day, the high of the second day’s bearish candle’s high indicates a resistance level.
  • The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView.
  • Let’s explore each type of candle and how it can help you predict patterns and trends.
  • In this article, we will cover in-depth the Three Line Strike candlestick pattern….

There are two variants of the counterattack pattern, the bullish counterattack pattern and the bearish counterattack pattern. The Closing Marubozu is a 1-bar continuation candlestick pattern.It’s a long candle close at it’s high (bullish) or low (bearish). Statistics to prove if the Closing Marubozu pattern really works What is the Closing Marubozu… Traders have applied candlestick patterns in analyzing the movement of a market. One of such patterns is the separating lines candlestick pattern.