Closing White Marubozu

A Closing White Marubozu is a candle with a long body where the closing price and the maximum price are at the same level (there is no upper shadow) and indicates the strength of the uptrend. When a Closing White Marubozu occurs in an uptrend, along with other white candles, this candle confirms the strength of the trend. The occurrence of a Closing White Marubozu in a downtrend can be a signal of a trend reversal.

According to some interpretations, Closing White Marubozu and Closing Black Marubozu are more powerful than Opening White Marubozu and Opening Black Marubozu. Depending on the position in which this type of candle forms, it can be a reversal or continuation candle.