Kicking Bullish
The bullish kicking candlestick pattern is a two-candlestick reversal pattern that consists of a long bearish candle followed by a bullish candle with a large upward gap. The pattern indicates that the bears are losing control and the bulls are taking over.
The pattern is more reliable when it occurs after a strong downtrend and the gap between the two candles is large.
Traders can use the bullish kicking candlestick pattern to enter long positions after a strong downtrend.
Here are some things to keep in mind when trading the bullish kicking candlestick pattern:
- The pattern is more reliable when it occurs after a strong downtrend.
- The gap between the two candles should be large.
- The bullish candle should close above the open of the bearish candle.
The bullish kicking candlestick pattern is a relatively rare pattern, but it can be a reliable signal of a trend reversal. Traders who are looking to buy the market should watch for this pattern to form.