|
All Patterns Flashcard Game
|
🏠
🔍
|
Bullish Meeting Lines Candlestick Pattern
| This pattern signals a potential trend |
Reversal
|
| How to identify |
- 1st day is a long red day.
- 2nd day is a long white day and closes at the 1st day's close.
|
| Similar pattern(s) |
» Bullish Separating Lines
» Bullish Piercing Line
|
| 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.
|
Recent Scan Results
| Daily Chart | Weekly Chart |
| Last Day: 0 | Last Week: 0 |
| Last 10 Days: 1 | Last 10 Weeks: 13 |
Home
Disclaimer
Privacy
Contact
Copyright © 2001-2024, All rights reserved.
HotCandlestick.com, LLC
|
