Maribozu candles.

Japanese Maribozu candles are quite easy to spot on the chart of a currency pair, this is one of the reasons for their popularity, since the trader immediately identifies such a candle and combinations with its participation.

Maribozu is a long candle that has no shadows, that is, its body overlaps the minimum (maximum) on a given time frame , and there are several variants of Maribozu.

Bearish and bullish Maribozu - an option in which there is no shadow both at the opening and at the close. A black candle indicates a downward trend, a white candle indicates an upward trend.

If the candle corresponds to the existing trend, then we can rather talk about its continuation than the beginning of a reversal.

Opening maribozu - in this case, in an uptrend, the minimum is the opening price itself, and in a downward trend, the maximum will also be the opening price. such a candle says that during formation the correction was less than the opening price.

Unlike Maribuzu closing, this is a weaker candle.

Closing maribuzu - in this case, the shadow is already absent from the closing side of the candle, that is, during closing, the price overcame the previously formed maximum (minimum) and the body blocked the shadow of the candle. A strong candle, when its direction coincides with the existing trend, this only emphasizes its strength. The longer the resulting candle, the stronger its influence on the trend.