Hikkake Pattern - Origin

Origin

The hikkake pattern was first discovered and introduced to the financial community through a series of published articles written by technical analyst Daniel L. Chesler, CMT. The phrase "Hikkake" is a Japanese verb which means to "trick" or "ensnare." Chesler chose the name "hikkake" after consulting with Yohey Arakawa, Associate Professor of Japanese, Tokyo University of Foreign Studies.

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