Candlesticks Trading - Kicking - Candlestick Reversal Pattern


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Candlestick Reversal Pattern Probability High ***********


Bullish Reversal Pattern

Afte a downward trend a Marubozu appears. Then a bullish candlestick appears after a gap up. This green candlestick does not have any shadows either so it is also a Marubozu.

kicking candlestick reversal


 

 














Characteristics

After a downward trend a long green candlestick appears after a gap upwards. When the kicking pattern appears a red and green Marubozu appear. Both of the patterns should not have any shadows or very small shadows.


Confirmation
For a safer trade you may want to wait for the confirmation of the signal before you act on it. A good confirmation would be another green candlestick forming above the halfway point of the previous candlestick.

 


Trading Psychology

1. A Bullish Kicking Pattern is a strong sign showing that the market is headed upward. 














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