Bozu Literally "bald" or "monk" in Japanese; in candlestick terminology refers to a situation during which a trading cycle opens or closes on a high or low, indicating a victory for the bulls or the bears. Breakout ...
An opening bozu in a white candlestick is when there is no lower shadow (opens at the low) and in the case of the black candlestick an opening bozu has no upper shadow (opens at the high).
Black closing bozu. A bearish candlestick formation that consists of a long black bar (upper shadow). Black marubozu (shaven head). A bearish candlestick formation that consists of a long black bar (no shadow).
Bozu: A situation during which a trading cycle opens or closes on a high or low. Bracketing: A trading range market or a price region that is non-trending.
See also: Chart, Candlestick, Black, Exchange, Candle
 
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