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.
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.