Candlestick Patterns | Bullish Kicking

Bullish Kicking

This pattern consists firstly of a black Marubozu and then a white Marubozu. After the black Marubozu, the market opens above the prior session’s opening, forming a gap between the two candlesticks.

How to identify

  1. 1st day is a red Marubozu.
  2. 2nd day is a white Marubozu and gaps open above the 1st day’s close.

Psychology

The gap created by the 2nd day becomes a support area. Expect higher prices and for the gap to be tested before breaking back to the downside.

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