Bullish Kicker Candlestick Pattern on Live Gold

What it shows

Each one gets a blue label marked K under the low of the second candle.

How Pravex works it out

1. The bullish kicker rule never uses a fixed size: a body, open to close, is long when it beats the 14-candle exponential average of bodies and small when it falls short of it.
2. Both candles must be marubozu: a long body (above the average) and both shadows no more than 5% of the candle’s range.
3. The first one falls (close below open), the second one rises (close above open).
4. The second candle’s low must be above the first candle’s high, so the two candles do not overlap at all.
5. There is no trend test on this pattern.

Settings

Setting	Default	What changing it does
Label colour	Blue (#2196F3)	Colours the K label that sits under the low of the candle completing the bullish kicker, with the K letters always in white.

How traders read it

A kicker is about as loud as candles get. The first candle is sellers in full control, then something changes between candles and the second opens above all of it and never looks back. Behind that gap there is usually news.

The gap itself becomes the level to watch. A move back into it, under the second candle’s low, takes the force out of the pattern. Holding above it keeps the buyers in charge.

When it misleads

Expect very few labels on spot gold. Two marubozu in a row are rare already, and a full gap between them needs trading to stop and restart, as at the weekly open. With nothing to find, the chart can show no label at all for the loaded candles, and that is a true result. A bullish kicker label on the newest candle is provisional: that candle has not closed, and the shape may stop holding before it does.

Questions and answers

What is a bullish kicker?

A long falling candle with no shadows, then a long rising candle with no shadows that opens above the first one’s high.

Why does it need no trend?

The gap between two opposite marubozu is the whole story, so Pravex checks the pattern wherever it forms.

Why is the kicker so rare on gold?

Spot gold trades almost around the clock, so a candle seldom opens fully above the previous candle’s high, and two marubozu in a row are uncommon too.

Related: Kicking - Bearish, Marubozu White - Bullish, Rising Window - Bullish, All Candlestick Patterns, every indicator.