Hikkake Pattern
NeutralA trap pattern where an inside bar is followed by a false breakout then reversal. Catches traders offside.
Success Probability: 69%
Pattern Visualization
How to Identify
- Inside bar (second candle within first range)
- Third candle breaks one direction
- Fourth candle reverses other direction
- Trap pattern
Trading Tips
Trap for breakout traders. Wait for confirmation. Enter on reversal. Stop beyond false break.
A trap pattern where an inside bar is followed by a false breakout then reversal. Catches traders offside.
Trading Strategy
Trap for breakout traders. Wait for confirmation. Enter on reversal. Stop beyond false break.
How to Identify
- Inside bar (second candle within first range)
- Third candle breaks one direction
- Fourth candle reverses other direction
- Trap pattern
Risk Management
With a 69% success probability, this pattern offers moderate reliability. Use smaller position sizes and require additional confirmation.