• Bullish Meeting Lines

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

Definition:

A long down candle followed by a long up candle created by a big gap down and a rally 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: Bearish Meeting Lines