Comment on Single Candlestick patterns (Part 1)

Pradeep Prabhakaran commented on 05 Mar 2018, 07:17 PM

Great article on the candlestick patterns. But, I have few doubts regarding the single candlestick – Marubozu pattern.
1) Can i use this candlestick pattern for intraday on 5 min and 15 min charts?
2) Suppose i am going with the bearish marubozu pattern by selling the futures of a particular stock (where i would like to short my position by holding my stocks over 3-5 days). Can i buyback the same number of shares from the cash market instead of buying a futures of the stock to offset the position?

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