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Marubozu

This video discusses the basic candles group called . The basic candle concept and other groups of basic candles are covered in separate videos.
Candles with different opening and closing prices, but not having at least one shadow, are called marubozu (jap. shaved head). In the case when a single shadow exists, the candlestick body must be longer than the shadow. Otherwise we would deal with a spinning top candle. candles occur both for the short and long line. candles can be one of the following:
White
Opening White
Closing White
Black
Opening Black
Closing Black

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