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Meeting Lines Bullish


Pattern: Reversal
Trend: Bullish
Reliability: Moderate

How to Identify it

  • The first day is a long black day, and has a body that is lower than the previous trend
  • The second day is a long white day, and has a body that is also lower than the previous trend.
  • Both days have identical closes

What it Means

In a downtrend two days open below the previous trend. Even though the second day open low, it rallies to close at the close of the previous day. This typically means a benchmark has be defined by traders, and a reversal is likely.




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