Forex Glossary


 A Marubozo candlestick charting configuration signifies that the price of an asset did not move outside of the range of its opening and closing prices. It’s a candlestick design that does not have a shadow

On a chart, the Marubozo is identified by the lack of upper or lower shadows. It indicates that the chart stays within the opening-day price range. When the day opens at the same price as the low and closes at the same price as the high, it is said to be an up day. A bull market is indicated by days when the stock has gained. While a bear market is indicated by days when it has lost. 

When the bullish (white or green) Marubozo candle opens, equals low, and the high equals close. It is discovered near the conclusion of a downtrend. it can indicate a reversal since it indicates that the market is now more optimistic and that the asset will probably continue to rise.


How to Identify a Marubozo Candlestick Pattern

To identify a Marubozo candlestick, look out for the following 

  • Look for a candlestick with a long body
  • Upper or lower shadows should not exist 
  • The candle can choose to appear anywhere on the chart and can be either black and red or white and green.
  • An extremely bullish white/green Marubozu rises upward.
  • A very bearish black/red Marubozu moves downward.
  • The price move is stronger the longer the candle is.


Related Terms

Stick Sandwich

A stick sandwich is a candlestick pattern that consists of three candles. The central candlestick will be colored in the opposite way from the candlesticks on either side of it,...

Three Black Crows

The Three Black Crows is a candle stick pattern that indicates a strong downward trend. It consists of three consecutive bearish candles with long lower shadows and small bodies. The...

Three White Soldiers

The Three White Soldiers is a  pattern that consists of three consecutive bullish candles with long bodies and short upper shadows. The "white" in the name refers to the fact...
Copy Trading
  • Notice
  • Personal Info.
  • Trading Info.


We provide clients with a free automatic copy trading. You simply create a broker account with our recommended broker then use the broker's copy trade system to automatically receive trades on your account.

Our recommended broker is Vantage Markets. You must be using Vantage Markets if you want to copy our trades.

The next process will onboard you into our copy trade system. 

You are required to enter your Meta Trader (MT4) login details in this field

Since you do not have an account yet, you will be redirected to Vantage Market client registration portal. 

You are required to register an account, verify your account and make a deposit of at least $500. Once that is done, contact us via live chat, email or on whatsapp.

Click on the Get Started below to proceed.

[advanced_iframe src="" width="100%" height="1000"]