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Bullish Meeting Lines

DailyWeekly
Last Day: 0 Last Week: 0
Last 10 Days: 2 Last 10 Weeks: 0

Bullish Meeting Lines

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. 1st day is a long black day.
  2. 2nd day is a long white day and closes at the 1st day's close.


Psychology...
A down day followed by an up day that closes at the previous day's close gets traders to bet on a reversal. It's probably a good idea to wait for confirmation of the downtrend. This would be a higher close the next day.



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