Bearish side by side white lines

Bearish Side By Side White Lines Candlestick Pattern
May 6th in Bearish Three-Stick Patterns by Mash Bonigala .

Bearish Side By Side White Lines
The bearish side by side white lines (narabi aka) candlestick pattern (view full size chart) is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks), and it is a bearish pattern.

Bearish Side by Side White Lines
Discussion
The bearish side by side white lines acts in reality like theory suggests, as a bearish continuation pattern but only 56% of the time. That is what I call "near random.

This Bearish Side By Side White Lines Pattern is a very rare formation.
The two side-by-side white candlesticks after gapping below a black candlestick are not only of similar size, but also the opening price should be very close.

Bearish Side by Side White Lines
Bearish Side by Side White Lines is a three candlestick continuation pattern occuring during an downtrend. The first candle is long bodied and black.

bearish side by side white lines candlestick Bearish Side by Side White Lines (non-fx)  • Direction: Bearish  •...

See also: Trading, Candle, Candlestick, Pattern, Chart