Kicking

BEARISH KICKING

Type:	Reversal
Relevance:	Bearish
Prior Trend:	N/A
Reliability:	High
Confirmation:	Recommended
No. of Sticks:	2

Definition:

A White Marubozu is followed by a sharply lower gap when it opens during the second day. The second day opening is even below the prior session’s opening (forming a Black Marubozu). Such a pattern is called a Bearish Kicking Pattern.

Recognition Criteria:

1. Market direction is not important.
2. We see a White Marubozu in the first day.
3. Then we see Black Marubozu day that gaps downward on the second day.

Explanation:

Bearish Kicking Pattern sends a strong signal suggesting that the market is now heading downward. The previous market direction is not important in this pattern unlike most other candlestick patterns. The market has been in a trend when prices gap down the next day in case of Bearish Kicking Pattern. The prices on the second day never enter into the previous day's range and we have a close with another gap.

Important Factors:

Both of the candlesticks do not have shadows (or very small shadows if any). In other words both are Marubozu.

The Bearish Kicking Pattern is similar to the Bearish Separating Lines Pattern except that instead of the open prices being equal, in the Bearish Kicking Pattern a gap occurs.

The Bearish Kicking Pattern is highly reliable but still a confirmation may be necessary, and this confirmation may be in the form of a black candlestick, a large gap down or a lower close on the next trading day.