Two opposite-colored Marubozu candles separated by a gap form one of the most powerful reversals. The two wickless bodies record that the whole mood flipped overnight, regardless of the prior trend.
The Kicking Pattern is a two-candle reversal built from two opposite-colored Marubozu candles separated by a gap.
A Marubozu is a candle with almost no wicks, made of body alone. It is a single candle that ran straight in one direction from open to close, without hesitation.
In a Kicking Pattern, two Marubozu candles of opposite color appear back to back, with a gap between them. If the first candle is a bearish Marubozu, the next is a bullish Marubozu that gaps up. If the first is bullish, the next is a bearish Marubozu that gaps down.
How to Read
NASDAQ:AAPL
What sets this pattern apart is that it does not depend on the prior trend. Most reversal patterns take their meaning from where they appear (a top if after a rise, a bottom if after a fall). The Kicker is different. Right after one candle runs hard in one direction, the next session opens at the opposite extreme. The two Marubozu candles draw, directly, the picture of a mood that flipped overnight.
Earnings, guidance, rates, a takeover. When a sudden catalyst swaps out the market's assumptions, price abandons continuity, gaps, and runs the other way. The Kicker is the shape that captures that instant.
How to Read
NASDAQ:AAPL
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