Bullish Meeting Lines Candlestick Formation

Bullish Meeting Lines Candlestick Example

Description

A Bullish Meeting Lines, or Bullish Counterattack 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.