Marubozu

The Marubozu is a continuation pattern. This candlestick pattern consists of just one candlestick.

For this to be a bullish continuation pattern you need two things. You need the stock to be in a large uptrend. You also need the day to be a large up day with little to no shadow.

For it to be a bearish signal the reverse is true. The stock needs to be in a large downtrend with a large down day with little to no shadow.

Why does the Marubozu work? When the stock heads one direction with little or no opposing force, that pressure is likely to continue onto the next few days.