A full-bodied bullish candle with no meaningful wicks, opening at the low and closing at the high. Buyers controlled the entire bar.
How to identify it
- Body covers nearly the whole range
- Little or no wick on either end
- Often launches a breakout or new leg
Entry
Buy a pullback toward the midpoint of the marubozu.
Stop loss
Below the marubozu low.
Target
A measured move equal to the candle range.
Invalidation
A close below the marubozu midpoint.
Does it work for you?
Textbook reliability means little until you know your own numbers. Tag your bullish marubozu trades in TradeZento and it shows your win rate, average win and loss, and P&L per trade for this pattern, so you know whether to keep it in your playbook.