A Japanese candlestick with no top or lower shadow that is long or tall is called a Marubozu (or wick). Due to its lengthy body, the candlestick pattern is simple to identify and may be either bearish (red or black) or bullish (green or white). In essence, it resembles a vertical rectangle. A marubozu is a type of candlestick chart that is used to identify bullish and bearish trends. The marubozu is a single candle with a long body and no wicks. The body of the candle is the most important part, and it is used to indicate the direction of the trend.Diagram of Marubozu: -In above diagram it shows the Marubozu candles on green and red Marubozu candle.A Marubozu candlestick is a rare type of candlestick chart that is only found in technical analysis. It is a very bullish candlestick pattern that indicates a strong buying pressure. The long body indicates that the buyers were in control from the beginning to the end of the trading period. The lack of a shadow indicates that the buyers were so aggressive that they pushed the price all the way up, leaving no room for sellers to participate.A marubozu is a candlestick chart pattern that is typically used to indicate a strong bullish or bearish trend. The marubozu candle is created when a security's open, high, low, and close are all at the same price. This indicates that there is a strong directional trend in the market, and that the buyers or sellers are in control.
