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All Patterns Flashcard Game
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Bullish Matching Low Candlestick Pattern
| This pattern signals a potential trend |
Reversal
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| How to identify |
- 1st day is a long red day.
- 2nd day is a red day with a close equal to the 1st day.
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| Similar pattern(s) |
» Bullish Homing Pigeon
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| Psychology |
Getting two days with equal closes should alert the shorts that an important support level may have been found. Higher prices may be ahead in the days to come. A higher close the next day would serve as confirmation of the reversal.
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Recent Scan Results
| Daily Chart | Weekly Chart |
| Last Day: 5 | Last Week: 2 |
| Last 10 Days: 63 | Last 10 Weeks: 20 |
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