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:
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!