MARUBOZU

DOWN MARUBOZU: Extreme bearish, long DOWN body, no shadows on either end. The DOWN body of the candlestick is relative to the other candlesticks on the chart, no shadows, the opening price is equal to the high, the closing price is equal to the low. The sellers controlled the price action from the first trade to the last trade, the day opens and prices continue to go down without looking back. This is bearish trend. There may be a potential turning point and suggest that prices have reached a resistance level and significant decline, the prices are at dangerous low levels.

UP MARUBOZU: Extreme bullish, long UP body, no shadows on either end. The UP body of the candlestick is longer relative to the other candlesticks on the chart, no shadows, the opening price is equal to the low, the closing price is equal to the high. The buyers controlled the price action from the first trade to the last trade, the day opens and prices continue to go up without looking back. This is bullish trend. There may be a potential turning point and suggest that prices have reached a support level after an extended decline or after a long and significant rally, the prices are at dangerously high levels.