For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks: Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).
Let’s analyse now the following types of Candle: “Marubozu Lines”.
Marubozu Line
– They have not Shadows and they are long as the Long Lines.
– The more longer the Candles are, the more reliable is the signal of Rise or Fall in the prices.
– They have the Close and the Open at the same level of the High and Low reached during the Period of time that the Candles represent.
Opening Marubozu
– They have the same meaning of the Marubozu Line.
– In case of an Opening White Marubozu: the Candle is long and white; it has only the Upper Shadow.
– In case of an Opening Black Marubozu: the Candle is long and black; it has only the Lower Shadow.
Closing Marubozu
– They have the same meaning of the Marubozu Line.
– In case of a Closing White Marubozu: the Candle is long and white; it has only the Lower Shadow.
– In case of a Closing Black Marubozu: the Candle is long and black; it has only the Upper Shadow.