Sunday, April 26, 2015

Stick Sandwich candlestick pattern

Stick Sandwich

Stick Sandwich

Stick Sandwich is a bullish trend reversal candlestick pattern made up of 3 candles.
How to Identify:
  • The 1st candle is bearish and continues the downtrend;
  • The 2nd candle is bullish and its Open price is higher than the first bar's Close price;
  • The 3rd candle is bearish again 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.


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




















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