Hikkake Pattern: A False Breakout Signal

What is the Hikkake Pattern? 

The Hikkake is a multi-candle pattern that helps traders identify false breakouts and potential reversals. 

Formation – Inside Bar Setup 

The pattern begins with an inside bar, where the price range is contained within the previous candle. 

False Breakout Move 

Price breaks out of the inside bar range but quickly reverses direction, trapping traders. 

What Does It Indicate? 

The pattern highlights a stronger trap, often leading to a sharper move in the opposite direction. 

Confirmation & Volume 

Traders wait for price to break the opposite range decisively, while higher volume strengthens the signal. 

With Our Subscription Plans

Open demat account in 5 minutes*

Open Demat A/C
G-L92HWH8MZR