Matching Low candlestick pattern

Matching Low

Matching Low is a bullish trend reversal candlestick pattern made up of two bars.
How to Identify:

• The first bar has a long and black body and continues the downtrend;
  
• The second bar is also black and its Close price is equal to that of the first bar.
  
   
  

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.

• Matching Low Pattern data mining result (2014 Daily, Bearish continuation)

• Matching Low Pattern data mining result (2014 Daily, Bullish reversal)

• Matching Low Pattern data mining result (2014 weekly)

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