Marubozu

A Marubozu (Japanese for "bald" or "shaved") is a candlestick pattern characterized by the absence of shadows on one or both ends, indicating strong directional commitment. A Full Marubozu has no upper or lower shadow — the open is the low and the close is the high (bullish), or the open is the high and the close is the low (bearish). An Opening Marubozu has no shadow on the opening end, and a Closing Marubozu has no shadow on the closing end. The bullish Marubozu (green/white) indicates that buyers controlled the entire session from open to close without any meaningful pullback — extreme bullish sentiment. The bearish Marubozu (red/black) shows sellers dominated from start to finish. Full Marubozus are relatively rare and carry strong implications: they often occur at the start of major moves, during trend accelerations, or on news-driven sessions. A long bullish Marubozu at the breakout of a resistance level is particularly significant, as it shows overwhelming buying conviction. However, after extended trends, a Marubozu may represent exhaustion — the final capitulation of the losing side — so context within the larger trend matters.