Bullish Counterattack Lines Candlestick Formation

Bullish Counterattack Lines Candlestick Example

Description

A Bullish Counterattack Lines, or Bullish Meeting Lines, candlestick formation is composed of 2 candlesticks. The first is a long red candlestick during a downward move. The second candlestick is a long green candlestick, which opens well below the low of the first red candlestick, and closes at the same level as the prior trading session.