The Bullish Marubozo candlestick means "close-cropped" or "close-cut" in Japanese, though other interpretations refer to it as Bald or Shaven Head, referring to the candle's long real body with no shadow.
Bullish Marubozo Identification
The Bullish Marubozo (open equals low, high equals close) is a candlestick with no shadow extending from the body at either the open, the close or at both.
Bullish Marubozo Interpretation
When the Bullish Marubozo is found in an uptrend, it signals that the stock is being bought aggressively and suggests that the momentum may continue upward. The Bullish Marubozo candle (open equals low, high equals close) signals a reversal when it is found at the end of a downtrend as the sentiment has changed and that the bulls are likely to continue pushing the stock higher.