A candle with no shadows — body only, from open to close. The Marubozu is the purest expression of conviction a single bar can show: one side took control at the open and the other never raised its voice.
The Marubozu — "shaven head" in Japanese — is a candle composed almost entirely of body, with little or no shadow on either end. The image is of a head with the hair shaved clean off, and the metaphor describes the candle: every wick has been removed.
A bullish Marubozu opens at the session's low and closes at its high — the entire day was bought, without interruption. A bearish Marubozu opens at the high and closes at the low — the entire day was sold. From open to close, one side held the market without once being pushed back, and that fact is compressed into a clean, wickless rectangle. It is the purest possible vote of confidence a single candle can express.
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