A Kicker pattern is a two-candlestick reversal pattern that is characterized by two candlesticks that are in opposite directions to the pre-existing trend. The kicker pattern is one of the most reliable indications that a trend reversal has occurred, as it signifies a major shift in the fundamentals of the asset in question.
Many times, there is a price gap between the pre-existing trend and the two candlesticks that form the kicker pattern. The two candles in the kicker pattern are usually long, indicating that the market sentiment of traders has changed and that this change in sentiment is very strong. There are two varieties of the kicker pattern:
a) Bullish kicker, which occurs at the bottom of a downtrend and signifies an upward reversal of price action.
b) Bearish kicker, which occurs at the top of an uptrend and signifies a downward reversal of price action.