price trend does not have to occur before a hikkake pattern. Another name for
this pattern is the “inside day false breakout”. Hikkake in Japanese means
“trick” or “trap”.
is a pattern of three candles, whose color is not important. It is a failed
inside-bar pattern. The inside candlestick occurs when a certain candle closes
inside the range of the previous one. A breakout of the range is confirming the
inside bar. The hikkake trades on the failure, when the range is again broken
to the opposite side.