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Marubozu Candlestick Pattern

This guide covers the marubozu rules, what the candle shows about order flow, where it matters, and why it so often misleads when read alone.

Extrade Pakistan editorial team ·

On this page
  1. What a marubozu is
  2. Drawn pattern
  3. Formation rules
  4. Marubozu candle meaning: buyers and sellers
  5. Where it matters: context
  6. Drawn example chart
  7. Why it fails in isolation
  8. How traders seek confirmation
  9. Frequent questions

What a marubozu is

A marubozu is a candle with a full body and no shadows. The shadows (also called wicks) are the thin lines above and below the body that show the high and low of the period. The name comes from Japanese and means "close-cropped." A marubozu has nothing to crop.

If you are new to candles, start with Reading Candlestick Charts, then come back here.

BullishBearishno shadowsno shadows
Marubozu: the bullish version (left) and the bearish version (right). Highlighted candles form the pattern. Illustrative example: made-up numbers for learning, not real prices or a broker's conditions.

Drawn pattern

There is no line above or below either body. The whole range of the period is body.

Formation rules

Rule Bullish marubozu Bearish marubozu
Open At the low of the period At the high of the period
Close At the high of the period At the low of the period
Upper shadow None None
Lower shadow None None
Body size Clearly larger than recent candles Clearly larger than recent candles

Traders also use partial versions:

In practice, most traders accept very small shadows. Price feeds differ between data providers, so a candle that is a clean marubozu on one chart may show a tiny wick on another. Daily candles in forex also depend on when the chart's day starts, which changes the shape of the candle.

Marubozu candle meaning: buyers and sellers

A bullish marubozu shows that buyers controlled the whole period. Price opened, never traded below the open, and closed at the top. Sellers did not push price back at any point that the candle records.

A bearish marubozu shows the reverse. Sellers controlled the period from open to close, and buyers never lifted price above the open.

What the candle does not show is why. A large one-sided move can come from real demand, from stop-loss orders being triggered, from a news release, or from thin liquidity. The candle records the result, not the cause.

Where it matters: context

Trend. A bullish marubozu inside an existing uptrend is read as continuation. After a long decline, it may mark a shift, but on its own it is weak evidence.

Level. A marubozu that closes through a support or resistance level gets more attention than one in the middle of a range. A marubozu that stops right at a level may simply have run into opposing orders.

Timeframe. On a daily or weekly chart, a marubozu reflects a lot of trading activity. On a minute chart, it may be a few seconds of fast price movement. Lower timeframes produce many marubozu-like candles that mean little.

Size. A marubozu that is much larger than recent candles stands out. A small one in a quiet market is just a small candle.

Drawn example chart

Here a range of small candles is followed by a bullish marubozu that closes above resistance. The candles that follow stay above the old level. That follow-through is what traders look for, not the marubozu alone.

Why it fails in isolation

How traders seek confirmation

Traders who use this pattern usually look for:

Related single-candle patterns with full bodies include the Belt Hold. Marubozu bodies also appear inside the Kicker Pattern and the Bullish Engulfing and Bearish Engulfing patterns. For the wider picture, see Candlestick Patterns and Technical analysis.

No candle pattern predicts price. Leveraged forex and CFD trading can lose money fast, and a strong-looking candle does not change that. Read Risk management before using any pattern, and practise reading charts on a Demo account first.

Frequent questions

What is a marubozu candlestick?

A candle with a full body and no upper or lower shadow. It opens at one extreme of the period and closes at the other.

What does a bullish marubozu mean?

Buyers controlled the whole period. Price opened at the low and closed at the high. It describes what happened, not what will happen next.

Does a marubozu need to have zero shadows?

Strictly, yes. In practice, many traders accept very small shadows because data feeds differ.

Is the marubozu a reversal or continuation pattern?

It can appear in either role. Trend, nearby levels and the candles that follow decide how traders read it.

Which timeframe works for the marubozu pattern?

Higher timeframes, such as daily or weekly charts, reflect more trading activity. On very low timeframes, marubozu-like candles are common and less meaningful.

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