An extremely powerful full-body bullish or bearish candlestick. Japanese for “Dominance,” a Marubozu candle has a long body with little to no wick. When a green Marubozu is formed, it means the stock opened at a certain level and continued rising without falling down during the recorded period. The opposite is true of a red Marubozu candle, where the stock opened at a certain point and continued falling for the entire recorded period. They can be both a trend reversal and a trend continuation indicator.
Marubozu Candlestick
Market Terms
We don't know everything about the markets. We're just devoted to learners. Taken from those smarter than ourselves, here's how we define Marubozu Candlestick.