Meeting Lines candlestick pattern

Meeting Lines

Meeting Lines is a trend reversal candlestick pattern made up of 2 bars. It can be considered as reversal signal in the current trend.

The bearish trend reversal Meeting Lines: The 1st bar is long and bullish; The 2nd bar is long and bearish and its Close price is near to that of the first one;

The bullish trend reversal Meeting Lines: The 1st bar is long and bearish; The 2nd bar is long and bullish and its Close price is near to that of the first one;

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Meeting Lines Pattern data mining result (2014 Daily, Bearish reversal)

• Meeting Lines Pattern data mining result (2014 Daily, Bullish reversal)

• Meeting Lines Pattern data mining result (2014 weekly)

The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).