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Bearish Kicking
This pattern consists firstly of a white Marubozu and then a black Marubozu. After the white Marubozu, the market opens below the prior session’s opening, forming a gap between the two lines.
How to identify
1st day is a white Marubozu.
2nd day is a red Marubozu and gaps open below the 1st day’s open.
Psychology
The gap created by the 2nd day becomes a resistance area. Expect lower prices and for the gap to be tested before breaking back to the upside.
