The Ultimate Guide to Bullish Separating Lines Candlestick Patterns

Last updated: February 7, 2024

Bullish Separating Lines Pattern

The bullish separating lines candlestick pattern occurs when two subsequent candles (the first green, the second red) have the same opening price:

Chart

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 separating lines patterns with the following characteristics:

Typical characteristics

• In a price rally, after the completion of a bearish candle, a bullish candle occurs at a similar opening price

Examples of use as a trading indicator

• If occurring in a price rally, this pattern indicates that the bullish trend will continue

More for beginners

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