Kicker pattern is two bar ( Bullish and Bearish) candlestick pattern to predict the strong change in the direction of market trend.
BULLISH KICKER CANDLESTICK
- First candle should be bullish or bearish.
- Second candle must open above the close of first candle, forming the gap.
- The movement of the prices during the formation of second candlestick should never drop into the gap formed between the first and second candle.
BEARISH KICKER CANDLESTICK
- First candle should be bullish or bearish.
- Second candle must open below the close of first candle, forming the gap.
- The movement of the prices during the formation of second candlestick should never drop into the gap formed between the first and second candle.




No comments:
Post a Comment