Technical Glossary / Candlestick Patterns
Marubozu
A candle with a full body and little or no wick. The period closed at its extreme.
Teaching sketch. It shows the shape, not a live quote and not a trade signal.
Definition
A bullish marubozu opens at the low and closes at the high. A bearish marubozu opens at the high and closes at the low. There is no visible rejection. One side controlled the whole range.
How to identify it
A tall body and wicks that are absent or tiny relative to that body. A large candle with a long wick is not a marubozu, however strong the close.
Bullish reading
A bullish marubozu through resistance shows acceptance of higher prices, not just a wick. Traders use it as evidence of demand, and they still want the break to hold.
Bearish reading
A bearish marubozu through support shows acceptance of lower prices. The low is the close, so there was no bounce inside the bar.
How traders use it
It is a momentum candle. Chasing the close means your risk is the whole body. Many traders wait for a pause rather than buying the extreme of the full bar.
Common mistakes
Calling a strong trend candle a marubozu when it has a meaningful wick. The definition is the missing shadow.
Limitations
A full body into a larger opposing level can still reverse on the next bar. Strength of one period is not a trend.
This note explains the term. A sketch shows the shape of the idea. Neither is a recommendation, a signal, or a comment on any security. Indicator settings and exchange conventions differ. Check the live chart and the contract specification before you use a number.