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Kicking Candlestick Pattern

by admin April 5, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup
Kicking Candlestick Pattern

– Normally it should be a signal of reversal of the current Trend.

– You can find it in the variants: Bullish and Bearish, depending on the Trend in which is located.

– It is a rare Pattern, and not so reliable.

Bullish Kicking Candlestick Pattern

– It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern.

– The First Candle is a long and black Marubozu.

– Then there is a Gap Up between the First Candle and the Second Candle.

– The Second Candle is a long and white Marubozu.

– The longer the Candles are, the more reliable will be the Pattern.

Bearish Kicking Candlestick Pattern

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– The First Candle is a long and white Marubozu.

– Then there is a Gap Down between the First Candle and the Second Candle.

– The Second Candle is a long and black Marubozu.

– The longer the Candles are, the more reliable will be the Pattern.

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
admin
Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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