Marubozu Candlestick Pattern

Bullish Maribozu

These candlesticks have a long bullish body without any wicks and indicate the buying pressure exerted by the bulls.

When bullish marubozu is in action, it is advised that the sellers practice caution the moment the price crosses above the high of the marubozu body.

Bearish Maribozu

Bearish marubozu candlestick pattern is a single candlestick pattern with a bearish body and no shadows.

This indicates the pressure the sellers exert and that a bearish reversal is about to happen. This is when the buyers should practice caution and close their buying positions.