The Ultimate Guide to Bearish Counterattack Lines Candlestick Patterns

Last updated: January 4, 2024

Bearish Counterattack Lines Pattern

Counterattack line candlestick patterns occur when two sequential candles are opposite in color and have the same closing price. There are bullish and bearish equivalents to this pattern.


After a rise in price, the next session opens higher but declines in price back to the close of the previous session.


General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes bearish counterattack lines patterns with the following characteristics:

Typical characteristics

Examples of use as a trading indicator

Other interpretations

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!