Elearnmarkets - Financial Market Learning
  • Categories
    • Basic Finance
    • Derivatives
    • Financial Planning
    • Fundamental Analysis
    • Technical Analysis
    • Marketshala
    • Miscellaneous
  • Language
    • English
    • Hindi
    • Bengali
No Result
View All Result
  • Courses
  • Webinars
  • Go To Site
  • Login
Elearnmarkets
  • Categories
    • Basic Finance
    • Derivatives
    • Financial Planning
    • Fundamental Analysis
    • Technical Analysis
    • Marketshala
    • Miscellaneous
  • Language
    • English
    • Hindi
    • Bengali
No Result
View All Result
Webinars
Elearnmarkets - Learn Stock Market, trading, investing for Free
No Result
View All Result
Home Technical Analysis
MARUBOZU JAPANESE CANDLESTICKS

MARUBOZU JAPANESE CANDLESTICKS

Japanese Candlestick Pattern: MARUBOZU

Elearnmarkets by Elearnmarkets
May 16, 2022
in Technical Analysis, Charts, Patterns & Indicators
Reading Time: 3 mins read
0
16.3k
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

A Marubozu is a hard to miss candlestick with a full long body and barely any shadows.

This solid body indicates a strong movement in any particular direction may it be upside or downside.

When a bullish (green/white) Marubozu is formed, it indicates that the moment the price opened, they traded higher and higher finally closing in the mid of an attempt to rise further.

Table of Contents
What is Opening Marubozu
What is closing Marubozu
Examples of Marubozu Candlestick

In simple term, the day’s low is formed at the opening price itself and the day’s high is formed when the trading session ends.

Similarly, in a Bearish (Red or Black ) version, the opening and high price are the same where the closing occurs at the close of the day.

marubozu candlesticks

What is Opening Marubozu?

Now, this a textbook perfect definition and a rather rare occurrence.

A perfect Marubozu is extremely rare on a daily or weekly chart, however, in the intraday charts, they may be observed during periods of very volatile and strong movements.

A more practical version of this japanese candlestick is the Opening and Closing Marubozu.

This candlestick pattern occurs when the opening price occurs at the high or low of the day.

When the opening price is equal to the high of the day, it is bearish and when it is at the low of the day it is bullish Marubozu.

Also Read: All you need to know about the Japanese Candlestick

It signifies that as soon as the opening bell rang, the bears or the bulls took charge and pushed the prices in the direction for the rest of the session.

In case of Bearish pattern, traders who have a long position do not get a chance to exit the trade as the price slips down without a breather, and in a bullish pattern, the bulls take charge as soon as the trading starts and any initial short trader would be badly stuck.

opening marubozu candlestick

What is Closing Marubozu?

The closing Marubozu is a stronger candlestick pattern.

It is formed when the close price is equal to the high or the low of the day.

When the close price is equal to the low then it is called bearish and when the close is equal to the high it is a bullish Marubozu.

Learn in 2 hours: Identify Trend Reversals with Candlesticks

It indicates that not only did the prices maintained the move in a single direction after initial jitters during the opening, in fact, the participants maintained the sentiments till the end moment of the trading session.

Thereby, it is expected that when the trading session reopens, the price will continue moving in the direction of the close. It is again a rare pattern to observe.

closing marubozu candlesticks

To know about other candlesticks, read our blog on All 35 Candlestick Chart Patterns in the Stock Market-Explained

Examples of Japanese Candlestick Pattern

bullish opening chart

 

In order to get the latest updates of Financial Markets visit https://stockedge.com/

Tags: englishjapanese candletsicksMARUBOZU
ShareTweetSend
Subscribe To Updates On Telegram Subscribe To Updates On Telegram Subscribe To Updates On Telegram
Previous Post

MARKET WRAP 16TH mar, ’16: Nifty marks a range of 7500-7400, closes 38points higher.

Next Post

MARKET WRAP for 17th Mar, ’16: Nifty looses steam as Fed assures slow rate hikes, commodity prices roar.

Elearnmarkets

Elearnmarkets

Elearnmarkets (ELM) is a complete financial market portal where the market experts have taken the onus to spread financial education. ELM constantly experiments with new education methodologies and technologies to make financial education effective, affordable and accessible to all. You can connect with us on Twitter @elearnmarkets.

Related Posts

relative strength
Technical Analysis

Relative Strength Strategy by Mr Matthew Caruso

June 24, 2022
837
Technical Analysis

Advance Volume Spread Analysis of Big Players in Stock Market by Mr Karthik Ramachandan

June 17, 2022
3k
Technical Analysis

Learn how to set your Career as a Technical Analyst by Mr JC Parets

June 10, 2022
1.5k
Technical Analysis

How to trade with High-Wave Candlestick Pattern?

June 25, 2022
8.7k

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Facebook-f Twitter Instagram Linkedin-in Youtube Telegram

Download App

Register on Elearnmarkets

Continue your financial learning by creating your own account on Elearnmarkets.com

Register Free Account

Get Articles On Email

Enter your email address:

Categories

  • Basic Finance
  • Derivatives
  • Financial Planning
  • Fundamental Analysis
  • Technical Analysis
  • Marketshala
  • Miscellaneous

© 2022 Elearnmarkets . All Rights Reserved

  • Visit Elearnmarkets
  • Courses
  • Webinars
  • Financial Guides
  • Get Free Counselling

Get Elearnmarkets App

No Result
View All Result
  • Article Categories
    • Basic Finance
    • Derivatives
    • Financial Planning
    • Fundamental Analysis
    • Technical Analysis
    • Marketshala
    • Miscellaneous
  • Language
    • Hindi
    • Bengali
    • English
  • Courses
  • Webinars

© 2020 Elearnmarkets All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
ELM School

LOVING OUR BLOGS?

Explore more content for free at ELM School.

Start reading & learning from various text-based modules covering all aspects of finance from today!

VISIT ELM SCHOOL