Bearish Kicking
Bearish kicking is a technical analysis pattern that is used to identify a potential reversal in a downward trend. It is characterized by a sharp decline in price followed by a sharp increase in price. This pattern is often seen in the stock market, but can also be seen in other markets such as commodities and currencies. The bearish kicking pattern is used by traders to identify potential buying opportunities in a bearish market.
History of Bearish Kicking
The bearish kicking pattern was first identified by Japanese analyst Goichi Hosoda in the 1960s. Hosoda was a pioneer in the field of technical analysis and is credited with developing the Ichimoku Kinko Hyo, a popular technical analysis indicator. The bearish kicking pattern is based on the idea that a sharp decline in price is often followed by a sharp increase in price. This pattern is used by traders to identify potential buying opportunities in a bearish market.
Comparison Table
| Pattern | Description |
|---|---|
| Bearish Kicking | Sharp decline in price followed by a sharp increase in price. |
| Bullish Kicking | Sharp increase in price followed by a sharp decline in price. |
Summary
Bearish kicking is a technical analysis pattern that is used to identify a potential reversal in a downward trend. It is characterized by a sharp decline in price followed by a sharp increase in price. This pattern is often seen in the stock market, but can also be seen in other markets such as commodities and currencies. Traders use this pattern to identify potential buying opportunities in a bearish market. For more information on bearish kicking, traders can visit websites such as Investopedia and TradingView.
See Also
- Bullish Kicking
- Ichimoku Kinko Hyo
- Technical Analysis
- Price Action
- Support and Resistance
- Trend Lines
- Moving Averages
- Relative Strength Index (RSI)
- Bollinger Bands
- Candlestick Patterns
