Trends/Candlestick patterns

Marubozu

A bar with a large body and almost no wicks.

Candlestick patternsBest on 3M, 6MAlso called bald candle

Illustration of the marubozu shape. It is a sketch, not real price data.

What it shows

A marubozu is a bar where the open is at or near one extreme and the close at or near the other. The body fills more than 95% of the bar's range. Marubozu means 'shaved head' in Japanese.

It shows a bar where price moved in one direction through the whole session.

How we find it

The same code that draws it on your chart follows these steps, with the same result every time.

Body = |close − open|, Range = high − low.
Mark if body ≥ 95% of range.
Color by direction.
Check the range is above average.

Starting values: Body ≥ 95% of range. These are proposed and will be tuned on real price data before launch.

How to read it

The gold candle is a marubozu.
It has almost no wicks.
Candles before it are smaller.

Status labels you may see

Label	What it means
Today	The last bar meets the rule.
Recently	Within the last 5 bars.
None	Not found.

What cancels it

Nothing cancels it.

What traders check next

Size relative to recent bars.
Volume.
Next bar.

Limits

Rare in liquid stocks.
Gaps can create them.
Outcomes vary.

Try it in forecastviz

Open any ticker and choose Candlestick patterns → Marubozu in the left menu.
Switch between 3M, 6M to see how the picture changes.
Compare with Three white soldiers and Outside bar on the same chart.

Open on a ticker

Questions

Is a rising marubozu bullish?

The name is a convention. No claim.

Why rare?

Most bars have some wick.