Trading Class

Markets › Chainlink › Bullish marubozu

Crypto · candlestick pattern

Bullish marubozu on Chainlink

On Chainlink the bullish marubozu showed up 300 times. The target came first 42% of the time, the stop 52%, and 6% went nowhere within 12 candles.

Counted on Chainlink (LINK/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily580%20%0%
4-hour4939%53%8%
Hourly24642%53%5%

Chainlink against the rest

ChartsFoundTarget firstStop firstWent nowhere
Chainlink30042%52%6%
All Crypto charts8,08138%55%7%
Every market12,13438%55%7%

Year by year

YearFoundTarget firstStop first
20216048%47%
20223732%62%
20235740%53%
20245443%48%
20255042%56%
20264243%52%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the bullish marubozu is

A full green body with no wicks. Buyers owned the whole candle.

Imagine a runner who sprints from the start line to the finish line without slowing down once. A bullish marubozu is a big green candle like that: price opened at the bottom and closed at the very top. Buyers were in charge from start to end.

The full bullish marubozu lesson, video and quiz ›

Other patterns on Chainlink

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · Volume profile rejection · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them

The bullish marubozu elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Uniswap · BNB · Cardano · Polkadot · Aave · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY

Questions

How often does the bullish marubozu work on Chainlink?

In 300 cases on Chainlink, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 52%; 6% went nowhere within 12 candles.

What is the bullish marubozu?

A full green body with no wicks. Buyers owned the whole candle.