Opening Bullish Marubozu

The final version of the bullish marubozu is the opening bullish marubozu. The opening marubozu opens and continues higher throughout the day, never going below the opening price. Unfortunately for bulls, prices rise to a point where bears come in and are strong enough to push prices lower to the close. The fact that bears were able to possess enough power to push prices lower makes this candlestick pattern less bullish than the regular marubozu where bulls started the day in control and ended the day in control.