• Bearish Meeting Lines

  • Type: Reversal
  • Relevance: Bearish
  • Prior Trend: Bullish
  • Reliability: Medium
  • # of Sticks: 2

Definition:

A long up candle followed by a long down candle created by a big gap up and a drift lower to end the second candle at the same price as the first closed.  This pattern suggests a stalemate between the Bears and the Bulls.

 

Opposite: Bullish Meeting Lines