Forex Candlesticks Marubozu Candles

Marubozu candles lack both upper and lower shadows.
Marubozu candles show clear opinion.
Also called Shaven Head and Bottoms or Bald candles.
They can be found in continuation patterns as well as in reversal patterns.

Bullish Marubozu

• The Bullish Marubozu is the most bullish of the candlesticks
• Buyers are in control
• Shows strenght because the candle closed at its high
• Tall green candle without shadows
• High = Close  Low = Open

Bearish Marubozu

• The Bearish Marubozu is the most bearish of the candlesticks
• Sellers are in control
• Shows weakness because the candle closed at its low
• Tall red candle without shadows
• Low = Close   High = Open

Opening Marubozu

• Candle line of either color without a shadow extending at the open
• Bearish Opening Marubozu considered a weak line:  red candle where the open = high
• Bullish Opening Marubozu considered a strong line: green candle where the open = low 

Closing Marubozu
Since the close of a candle is more important than the open, the Closing Marubozu is stronger than the Opening Marubozu.

• Candle line of either color without a shadow extending at the close
• Bearish Closing Marubozu:  red candle where the close = low
• Bullish Closing Marubozu: green candle where the close  = high

                           Sometimes the Marubozu signals the continuation of the current trend.