Kicking Up candlestick pattern - Complete trading analysis

 

Technical View

Hello traders,  welcome to my blog. Today I will discuss  in detail about the Bullish Kicking Up  candlestick pattern. In technical analysis kicking up candle is a highly reliable bullish candlesticks pattern. It means now the bearishness in the market is over and the uptrend is about to begin.

Technical Analysis of  Kicking up candlestick  

kicking up pattern

* The Kicking Up  candlesticks pattern consists of two candles. The first candle is  Bearish Marubozu . It is of red colour.

* The second candle is  bullish Marubozu candlestick . It is of green colour.

*  Size of both candle do not matter.

* The second candle is above the first candle. ie. The second candle open fully gap up from the first candle.

* The high of the second candle is  high of this pattern. And low of first candle is called low of  this pattern.

Where is Kicking up formed ?

Kicking up candle formation

* It is always formed after a long downtrend  in the chart. It is formed at the Bottom of the chart. After the formation of this pattern, the possibility of bearishness in the market ends. Buying after getting the confirmation will definitely be beneficial.

* It forms  in every type of market  such as Indian stock market, commodity market, foreign market etc.

* It appears in intraday charts, daily charts, weekly charts and monthly charts. In these  charts  it works very well.

Where to use it?

* If you are trading in intraday then watch it in 5 minute and 15 minute time frame.

* If you do positional trading then see it in daily chart and monthly chart.

How to use it?

volume

* Suppose this pattern is formed in the chart. If the new candle is opened gap-up from this pattern then you have to buy in the market.

* Buy only if the new candle closes above the high of this pattern. This is very necessary.

* Volume of second candle must be higher than that of first candle. It indicate that signal is more powerful.

* The stop-loss is to be placed below the low price of this pattern.

Let us understand this in the chart.

Kicking up analysis in trading chart

* The Kicking Up  pattern in this chart is formed after a long downtrend and the volume of the second candle is more than that of the first candle of this pattern.

* Buy when the new candle closes above the high of this pattern.

* The second number new candle in this chart has closed above this pattern. This is the right time to trade.

* Put a stop-loss at the bottom of this pattern.

When to book profit?

* Until a trend changing signal is received.

important Point

* In Kicking up candlestick pattern the second candle should be above the  first candle.

* First Candle is bearish  Maruboju. and second candle is bullish marubozu.

* After the formation of this pattern, one should not buy until the market price crosses its high.

* Volume of second candle must be higher than that of first candle.

Reliability of Candlesticks Pattern - Complete Technical Analysis

Reliabilty of Candlestick 

Hello Traders, Welcome to my blog. Today I will discus about Reliability of different candlesticks pattern with help of technical analysis .  Each candlestick pattern has its own characteristic. Due to this feature, it works well in charts. This feature of candle stick acts as oxygen in the market for a trader.

On the basis of reliability, candlesticks are divided into three parts.

*  Those candlesticks patterns come in high reliability, after which the trader's confidence in them is very strong. The reliability of these candle sticks is above 80 % .

*  Those candlesticks patterns come in medium reliability, after which the trader's confidence is satisfactory. The reliability of medium reliable candles ranges from 50% to 80%.

*  In low reliable, those candle sticks come which are more visible in the chart. Trader's credibility on these is very less. But if the momentum is high in the market, then low reliable candles also give good results.

So let us now classify these candlestick patterns on the basis of reliability.

(A) Reliability of Trend reversal  Bullish  candlesticks pattern

Highly Reliable candlesticks Pattern

Tweezers Bottom,  Kicking Up,  Morning Star , Morning Doji Star, Bullish Abandoned Baby,  Concealing Baby Swallow, Piercing Line, Bullish Tasuki Line , Three Inside Up ,  Three Outside Up, Three White Soldiers

Medium Reliable candlesticks Pattern

Dragonfly Doji, Bullish Long-legged Doji ,  Bullish Engulfing,  Homing Pigeon,  Bullish Harami,  Bullish Harami Cross,  Bullish Doji Star,  Bullish Breakaway,  Ladder Bottom,  Unique Three River Bottom, Matching Low ,  Bullish Meeting Lines, Turn Up,  Bullish Stick Sandwich, Three Star In The South,  Bullish Tri Star,  Bullish Squeeze  Alert

Low  Reliable candlesticks Pattern

Hammer,  Inverted Hammer, Bullish Spinning Top, High Wave , Bullish belt Hold

 

(B) Reliability of Trend Continuation  Bullish  candlesticks pattern

Highly Reliable candlesticks Pattern

Rising Window,  Bullish Mat Hold,  Rising Three Method,  Bullish Side By side White Line

Medium  Reliable candlesticks Pattern

Upside Tasuki Gap ,  Upside Gap three Method

Low Reliable candlesticks Pattern

Bullish Separating Line,  Bullish Three Line Strike

 

(C) Reliability of Trend reversal  Bearish  candlesticks pattern

High Reliable  candlesticks Pattern

Tweezers Top ,  Kicking Down,  Collapsing Doji Star, Evening Star ,  Evening Doji Star, Bearish  Abandoned Baby,   Dark Cloud Cover , Bearish Tasuki Line , Three Inside Down ,  Three Outside Down ,  Identical Three Crows, Three Black Crows, Upside gap Two Crows, 

Medium  Reliable candlesticks Pattern

Gravestone  Doji , Bearish Long-legged Doji,  Bearish Doji Star ,   Bearish Engulfing ,  Bearish Harami,  Bearish harami Cross, Two Crows,  Advance Block ,  Bearish Breakaway ,  Bearish Squeeze Alert, Descending Hawk,  Bearish Meeting Lines, Bearish Stick Sandwich ,  Matching High ,  Bearish Tri Star ,  Deliberation ,  Ladder Top ,  Turn Up

Low Reliable candlesticks Pattern

Hanging Man,  Shooting Star, Bearish Spinning Top, Inverted High Wave, Bearish Belt Hold

(D) Reliability of Trend Continuation  Bearish  candlesticks pattern

High Reliable candlesticks Pattern

Falling Window ,  Falling Three Method

Medium Reliable candlesticks Pattern

Downside Gap Three Method,  Downside Tasuki Gap,  Bearish Side By side White Line,  On Neck ,  In Neck

Low Reliable candlesticks Pattern

Bearish Three Line Strike ,  Bearish Separating Line , Thrusting,  Two Black Gapping Candles

 

 

Bullish Harami candlesticks - Complete Trading Analysis

 

BULLISH HARAMI CANDLESTICK PATTERN ANALYSIS

Hello friends welcome to tradersgrip. Today I will share in detail about the Bullish Harami candle. Do you know Bullish harami pattern meaning ?

 The name of this candlestick is made up of two words. Bullish and Harami.The word bullish means Uptrend . Harami is a Japanese word meaning pregnant woman. This is a medium reliable bullish candlesticks pattern. But if momentum of market is good then it gives very strong signal to trade . 

After formation of harami candlestick  bearishness in the market is over and the uptrend is about to begin.

Bullish harami Pattern

The smaller the second candle, the better this pattern will work.

* The Bullish Harami candlesticks pattern consists of two candles. The first candle is long Bearish. It is of red colour.

* The second candle is a small bullish candle. It is of green colour.

* The second candle should be in the middle of the body of the first candle. ie. The second candle should be between the open and close prices of the first candle.  So , The high of the first candle is called the high of this pattern.

Also Read Most Important Pattern * Bullish harami cross * Bearish harami pattern * Bearish harami cross * Bullish engulfing pattern

 

Where is Bullish harami pattern  formed ?

Formation of Bullish Harami

* It is always formed after a long downtrend  in the chart. It is formed at the Bottom of the chart. After the formation of this pattern, the possibility of bearishness in the market ends. Buying after getting the confirmation will definitely be beneficial.

* It forms easily  in every type of market  such as Indian stock market, commodity market, foreign market etc.

* It appears in intraday charts, daily charts, weekly charts and monthly charts. In these  charts  it works very well.

Where to use Bullish harami ?

* If you are trading in intraday then watch it in 5 minute and 15 minute time frame.

* If you do positional trading then see it in daily chart and monthly chart.

How do you trade bullish Harami pattern?

How to use Bullish Harami

* Suppose this pattern is formed in the chart. If the new candle is opened gap-up from this pattern then you have to buy in the market.

* Buy only if the new candle closes above the high of this pattern. This is very necessary.

* The stop-loss is to be placed below the low price of this pattern.

* In this pattern volume of  second green  candle must be more than that of first red candle. only then this pattern do well . volume of new candle should be more than both  candles of this  pattern.

Let us understand this in the Trading chart.

Bullish harami Chart Analysis

* The Bullish Harami pattern in this chart is formed after a long downtrend and the volume of the second candle is more than that of the first candle of this pattern.

* Buy when the new candle closes above the high of this pattern.

* The second number new candle in this chart has closed above this pattern. This is the right time to trade.

* Put a stop-loss at the bottom of this pattern.

When to book profit?

* Until a trend changing signal is received.

Important Point

* In Bullish Harami  the second candle should be lie completely in the body of the first candle.

* First Candle may be bearish  Maruboju.

* After the formation of this pattern, one should not buy until the market price crosses its high.

* The smaller the second candle, the better this pattern will work.

* In this pattern volume of  green candle must be more than that of first candle. only then this pattern work perfectly . volume of new candle should be more than both  candles of this  pattern.

 

How do you like this post? Do tell by commenting.

Also read this useful post for Successful  trading

* Morning Star * Hammer * Inverted hammer * Shooting Star * Hanging man * Doji * Three White Soldiers * Three Black Crow