What is White Marubozu: Bullish Reversal/Continuation Pattern?

What is White Marubozu: Bullish Reversal/Continuation Pattern?

White Marubozu is a bullish reversal/continuation pattern. It is a large white candlestick with no wicks on either end. It is considered to be an extremely bullish candle. The candle can lead to a continuation of the current uptrend or start of a bearish reversal.

This candle often occurs with high volume. So it becomes very crucial to determine whether it is a continuation or reversal.