Bullish Engulfing | Bullish Harami | Bullish Piercing | Three Outside Up |
Three Inside Up | Morning Star | Morning Star Doji | Abandoned baby Bullish |
Hammer | Inverted Hammer | Three White Soldiers |
2: Day 2
On Day two a bullish candlestick is formed, which opens at the same open of the previous day (or a gap open, and then heads in the opposite direction of the Day 1 candle.
For this pattern to be valid it is extremely important:
The open price of the Day 2 candlestick is same as the open price of Day 1 candlestick. However a gap open further strengthen the pattern. There will be no wick or very small wick.
Bullish Kicker Candlestick Pattern is an indication of massive change in the sentiments of the market/ investors and is basically based on sudden surprise news.
The Strength of this pattern is maximized, if there is formation of gap up by day two candlestick. The formation of bigger bullish candle size then the day 1 candle, further confirms this pattern reliability.
As always mentioned, by combining chart patterns with other technical indicators wave out any false signal if generated. Therefore adding any one of the other indicators like Volume, Stochastic, RSI, MACD support etc. with chart patterns, one can further enhance the probability of the pattern to happen.