Comment on Single Candlestick patterns (Part 1)

Neeti commented on 28 Aug 2016, 07:49 PM

Hi Karthik, it is being absolutely enjoyable & interesting learning about trading on Varsity!
I have a doubt regarding Bearish Marubuzo. In case of a risk averse investor, who waits till the market closes to verify if indeed it was a Marubuzo- why should he wait till the end of the next day for the short trade. Why not take the short position, the very next morning?
What do we mean by- The short trade will only go through by 3:20 pm the next day after ensuring that the day is a red candle day.
Please guide. Thanks!

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