Bearish Kicker Candlestick Pattern on Live Gold

What it shows

Each one gets a red label marked K over the high of the second candle.

How Pravex works it out

1. What counts as long or small for the bearish kicker moves with the market, since the yardstick is a 14-candle exponential average of body sizes, where a body is the distance from open to close, so a quiet stretch lowers it and a busy one raises it.
2. Both candles must be marubozu: a long body (above the average) and both shadows no more than 5% of the candle’s range.
3. The first one rises (close above open), the second one falls (close below open).
4. The second candle’s high must be below the first candle’s low, so the two candles do not overlap.
5. There is no trend test on this pattern.

Settings

Setting	Default	What changing it does
Label colour	Red (#F23645)	Colours the K label that sits over the high of the candle completing the bearish kicker, with the K letters always in white.

How traders read it

The first candle is a clean rise, the second a clean fall that starts below all of it. A reversal that sharp usually has a reason outside the chart, and the gap marks the moment the view changed.

Watch the gap. A rally back into it, above the second candle’s high, weakens the pattern a lot. Staying below it keeps the sellers in control.

When it misleads

This is one of the rarest patterns on spot gold: two marubozu in a row are uncommon, and a clean gap between them needs a pause in trading, such as the weekly open. Many charts will show no label at all for the loaded candles, which is the true result. Wait for the close before trusting a bearish kicker label on the latest candle, which is checked on each update and can lose its label.

Questions and answers

What is a bearish kicker?

A long rising candle with no shadows, then a long falling candle with no shadows that opens below the first one’s low.

Does it need an uptrend before it?

Not in Pravex. The pattern has no trend input and is checked wherever it forms.

What is the difference between a kicker and an engulfing?

In an engulfing the second body covers the first. In a kicker the two candles do not touch at all, because of the gap.

Related: Kicking - Bullish, Marubozu Black - Bearish, Falling Window - Bearish, All Candlestick Patterns, every indicator.