Candlestick
Side-by-Side Bullish Pattern
Bullish Trend Continuation
The
Side-by-Side Bullish Line pattern is a bullish trend
continuation pattern. This pattern type inforces one
of the main techniques of Japanese Candlesticks - the
predominance of black bars vs. white bar in a trend.
If there are more white bars than black bars in a trend,
then the trend is presumed to be bullish. This pattern
shows three white bars in a row - thus a bullish trend
continuation.
The
Side-by-Side Bullish Line pattern forms when three white
bars (not including dojis and umbrellas) form in a row.
CONTINUE
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