Marubozu

    By
    Andrey Orlov
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    The marubozu is a candle with a long body and no wicks.

    A bullish marubozu (1) indicates that buyers were in control during the period the candle was formed. The open price equals the low price, while the close price equals the high price.

     

    A bearish marubozu (1) indicates that sellers were in control of the session during the period the candle was formed. The close price equals the low price, while the open price equals the high price.

     

    Further reading

    Learn more about Japanese candlesticks:

    How to read Japanese candlestick charts