Bullish Meeting Lines
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This pattern signals a trend...
Bullish Meeting Lines
The bullish meeting lines (deai sen) candlestick pattern (view full size chart) is one of the double candlestick patterns (i.e. it consists of two individual candlesticks), and it is a bullish pattern.
Bullish Meeting Lines
Discussion
The bullish meeting lines candlestick pattern acts as a bullish reversal 56% of the time, which is what I consider "near random." However, once the breakout direction is established, price tends to trend.
The Bullish Meeting Lines Pattern is a pattern that is comparable to the Bullish Piercing Line Pattern. The Piercing Line has the same two-candlestick pattern.
Bullish Meeting Lines
The bullish meeting line takes place in an downtrend and is a sign that a potential bullish reversal is in play. The first candlestick in the formation is red, which is in correlation with the present downtrend.
Bullish Meeting Lines
The Meeting Lines Japanese Candlestick formation is a two candlestick reversal pattern.
Bullish Meeting Lines
Reliability Rating: Moderate
The first candle in this pattern is a black candle, the second day a white candle gaps open with a lower body closes at the same price as the previous black candle.
Bullish Meeting Lines
The Bullish meeting lines is a bullish reversal pattern. This pattern consists of two different days.
Bullish meeting lines is an easy candlestick pattern to recognize once you know what to look for. First, the market must be in a downturn when the candlestick appears.
Bullish Meeting Lines
Bullish Kicking Pattern
Bullish Engulfing Pattern (Bullish Tsutsumi)
Bullish Doji
Bullish Belt Hold
Three River Morning Star
Three River Morning Doji Star
Bullish Sanpei (three parallel candlesticks / three soldiers) ...
The bullish Piercing Line is similar to bearish On Neck, bearish In Neck, bearish Thrusting, bullish Engulfing, and bullish Meeting Lines.
 See also: Meeting Lines, Pattern, Trend, Bullish, Candle
  
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