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Kicking pattern: Bullish Reversal, Bearish Reversal pattern

Kicking pattern is a two-candle reversal pattern. On the chart, it seems as if price is kicking away the current trend, hence the name, Kicking.

August 24, 2011 / 11:13 IST

Kicking pattern is a two-candle reversal pattern. On the chart, it seems as if price is kicking away the current trend, hence the name, Kicking.

Bullish kicking pattern is comprised of a black marubozu followed by a white marubozu. This pattern is seen when

a) a marubozu of white follows a marubozu of black, and
b) a gap between these marubozu

Strategy: In bullish kicking pattern, long positions can be entered into once high of the white marubozu is exceeded.

 

 

 

 

 

 

 

Bearish kicking pattern is comprised of a white marubozu followed by a black marubozu. This pattern is seen when

a) a marubozu of black follows a marubozu of white, and
b) a gap between these marubozu

Strategy: In bearish kicking pattern, short positions can be entered into once low of black marubozu is exceeded.

first published: Aug 18, 2011 05:02 pm

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