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Marubozu Japanese Candlestick, Definition

On a Japanese Candlestick chart, a candlestick with no shadow or wick extending from the body at either the open, the close or at both. Also known as a shaven or bald candlestick.

The White Marubozu has a long white body with no shadow/wick. The open price is equal to the low and the close is equal to the high. This reflects a very bullish period.

The Black Marubozu has a long black body and no shadow/wick. The open is the high and the close is the low. This reflects that the bears are in control.

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