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What is Closing Marubozu?

Closing Marubozu candles has no shadow extending from the close. Closing Marubozu candles closes at the high or low of the day, depending on the closing of the stock. It means, if the stock closes up, it closes at its high price of the day and if it closes down, then its closing price is equal to its low price for the day.

White Closing Marubozu: It is considered as bullish candle.

Black Closing Marubozu: It is considered as bearish

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