• Bullish Stick Sandwich

  • Type: Reversal
  • Relevance: Bullish
  • Prior Trend: Bearish
  • Reliability: Medium
  • # of Sticks: 3

Definition:

This is a three candle pattern that is characterized as Bullish because the candles open higher than the previous candle but ultimately results in the third candle closing at the same price as the first.  The concern is that this pattern shows the stock could be finding support and you would not want to see the third candle breach the first candle’s low.