<p>The word marubozu means “bald head” in Japanese, and this is reflected in the candlestick’s lack of wicks. The Black Marubozu is a <strong>one day bearish pattern</strong>. <strong>Here the open is equal to the day high and the close is equal to the day low.</strong> </p> <p>It is a long black (down, or red on the charts) candle, with little to zero upper or lower shadows. The pattern shows that <strong>sellers controlled the trading day</strong> from open to close.</p>
Last Updated: 04 May 2025, 07:05 a.m. (IST)