Marubozu
Description
These
candlestick bodies without shadows are called Marubozu.
A
white Marubozu indicates that buyers were in control all day, which is a very
bullish signal.
A
black Marubozu indicates sellers were in control all day, which is a very
bearish signal.
When
a Marubozu occurs, it is worth noting. A white Marubozu indicates
Pattern