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Big Bullish Candle
Signal
Bullish
Win Rate
68%
Avg Move
+8.0%
Reliability
Medium

Pattern Definition

A big bullish candle has a body comprising over 70% of the day's range, with almost no wicks. Buying pressure sustained throughout the session, closing well above the open with very strong sentiment.

Market Psychology

Strong bullish consensus. Bears couldn't resist the buying; sellers retreated completely as price rallied steadily all day. Typically appears after major positive catalysts or long-term resistance breaks. Heavy volume confirms broad participation.

Trading Application

Appearing at a resistance breakout, it's one of the strongest entry signals. Enter before close or at next day's open. After a MA squeeze, it confirms bullish trend with targets at new highs or 1.5× the body distance.

Important Notes

Watch for overextension: if price has already rallied sharply, a big bullish candle may mark the final chase. Always confirm with MA position. Low volume big candles are less reliable.