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Bullish Counterattack Line

Hit Rate:

n.a.

Candle Count:

2 Candles

Outlook:

Bullish Reversal

About the Pattern:

  • the first candle is bearish and big

  • the second candle is bullish and small

  • there’s a gap between the close of the first candle and the open of the second candle

  • they both close at the same level

Outlook:

  • the end of a downtrend and start of an uptrend

  • the end of a pullback, resuming an uptrend

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