What is 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.
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.
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.
