eBook Author

Hikkake Entry

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

LThe Hikkake Pattern is a price action trading pattern used to identify potential false breakouts and trend reversals. It was developed by Daniel Chesler and is often used by technical traders to anticipate short-term moves in the market.

Add Your Heading Text Here

🔹 🔍 Structure of the Hikkake Pattern

It generally involves three or four candlesticks:

  1. Inside Bar (Setup): A smaller candle is completely within the range (high to low) of the previous candle — this signals consolidation.

  2. False Break Candle: The price breaks out of the inside bar, giving a false impression of a breakout.

  3. Reversal: The following candle(s) reverse and close inside the inside bar range again.

  4. Trigger: The pattern is confirmed when price moves in the opposite direction of the false breakout.

Add Your Heading Text Here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

🔹 

🟢 Bullish Hikkake

  • Starts with an inside bar.

  • Then a breakout below the low (false bearish breakout).

  • Price reverses upward and closes above the inside bar high.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

🔹 Bearish Pin Bar (Sell Setup)

🔴 Bearish Hikkake

  • Starts with an inside bar.

  • Then a breakout above the high (false bullish breakout).

  • Price reverses downward and closes below the inside bar low.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

  • Why Traders Use It

    • Identifies traps for inexperienced traders.

    • Offers early entries before larger moves.

    • Can be used in all timeframes and markets (stocks, forex, crypto, etc.).

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

A Hikkake pattern is a short-term trading setup used by technical traders to identify potential false breakouts and trend reversals. The term “hikkake” (引っ掛け) comes from Japanese and loosely means “to trick” or “to trap,” which reflects the essence of this pattern — trapping traders into thinking a breakout is real, only for the price to reverse.

Add Your Heading Text Here

Add Your Heading Text Here

🔹 

🧩 Hikkake Pattern Structure

  1. Inside Bar Setup (Initial Trap):

    • A smaller candle (the “inside bar”) forms completely within the range of the previous candle.

    • This is often interpreted as a consolidation or indecision.

  2. False Breakout:

    • Price breaks out above or below the inside bar (usually the next day), attracting breakout traders.

    • This is the “trap” part.

  3. Reversal and Confirmation (The Real Move):

    • Price then quickly reverses and moves in the opposite direction of the breakout.

    • Entry is usually triggered when the price re-enters the range of the inside bar or breaks the opposite side.

Add Your Heading Text Here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

🔹 🔍 What is a Hikkake Entry?

A Hikkake entry refers to entering a trade based on the identification of this false breakout pattern. Here’s how it generally works:

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

🔹 

Hikkake Entry Rules (Bearish Example)

  1. Day 1: An inside bar forms (low and high within the previous day’s range).

  2. Day 2: Price breaks below the inside bar’s low.

  3. Day 3 or 4: Price reverses upward, moving back inside the inside bar range.

  4. Entry Trigger: When the price closes above the high of the inside bar.

  5. Stop Loss: Below the false breakout low.

  6. Target: Previous resistance or a set risk-reward ratio (e.g., 2:1).

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

🔹 

📈 Chart Example (Simplified)

Day 1: Inside bar (range = 100 to 110)
Day 2: Price breaks below 100 → looks bearish
Day 3: Price closes above 110 → trap confirmed 

Entry: Long at 111, StBearish Pin Bar (Sell Setup)

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

  • 🔧 When to Use It

    • Best in range-bound or consolidating markets.

    • Can signal trend continuations or reversals, depending on context.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

  • Cautions

    • It’s a counter-trend or reversal strategy — can be risky without confirmation.

    • Works best with volume and/or candlestick confirmation.

    • Not suitable alone — combine with other indicators or price action tools.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Entry With RSI

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Shopping Cart