Marubozu Bullisch Complete Guide

What is Marubozu Bullisch?

The Bullish Marubozu (or White Marubozu) is a single-candlestick pattern characterized by a long, solid body with no upper or lower shadows. In Japanese, 'Marubozu' translates to 'bald' or 'shaved head,' reflecting the absence of wicks. This pattern forms when the opening price is the low of the period and the closing price is the high of the period. It signifies absolute dominance by buyers from the opening bell to the closing bell, leaving no room for sellers to push the price below the open or pull it back from the high. Technically, the Bullish Marubozu indicates extreme conviction. When it appears during an uptrend, it suggests a strong continuation of the current momentum. If it appears at the end of a downtrend, it may signal a potent bullish reversal. According to Steve Nison, the father of modern candlestick charting, the lack of shadows is the defining feature of its strength. Thomas Bulkowski’s research in the 'Encyclopedia of Candlestick Charts' suggests that while the White Marubozu is a frequent occurrence, its performance as a trend continuation signal is slightly better than a coin flip, with a theoretical continuation rate of 53% in bull markets. Volume plays a critical role; a Marubozu accompanied by high relative volume is significantly more reliable than one on low volume, as it confirms institutional participation. Traders often look for this candle to break through key resistance levels. However, because the candle is often large, the risk-to-reward ratio can be challenging if the stop-loss is placed at the candle's low. Historically, its performance rank is mid-tier, meaning it is best used as a confirmation tool rather than a standalone signal.

Identification Rules

1. Die Kerze muss einen langen Real Body im Verhältnis zu den vorhergehenden Kerzen auf dem Chart aufweisen.
2. Es darf keinen unteren Schatten geben, was bedeutet, dass der Eröffnungskurs dem Tiefstkurs entspricht.
3. Es darf keinen oberen Schatten geben, was bedeutet, dass der Schlusskurs dem Höchstkurs entspricht.
4. The candle color must be bullish (typically white or green), indicating the close is higher than the open.

References

• Thomas N. Bulkowski (2005). Encyclopedia of Chart Patterns.
• Steve Nison (2001). Japanese Candlestick Charting Techniques.

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