The Ultimate Guide to Bullish Counterattack Lines Candlestick Patterns

Last updated: January 4, 2024

Bullish Counterattack Lines Pattern

Counterattack line candlestick patterns occur when two sequential candles are opposite in color and have the same closing price.


After a decline in price, the next session opens lower but rallys 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 bullish 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!