
Definition
Bullish Kicking formation is a Marubozu Black followed by a Marubozu White. There is an upward gap between the two candles.
- Trend: Reversal
- Expected trend: Bullish
- Previous trend: Neutral
- Reliability: High
- Type: Bullish
- Number: 2
Recognition
- The direction of the market is irrelevant.
- The first day is a Marubozu Black.
- The second day is a Marubozu White with an upward gap.
Interpretation
Bullish Kicking formation signals a sudden direction change on the market. The direction of the previous trend is irrelevant. The second day’s trading range cannot overlap with the first day’s.
Important factors
None of the candles should have shadows (or really short ones). Both candles must be Marubozus. Bullish Kicking is somewhat similar to the Bullish Separating Lines formation. However, there is a gap between the two days in the Bullish Kicking pattern. It has a high reliability, but traders should wait for a confirmation. The confirmation can be a white candle, an upward gap, or a higher closing price on the third day.