Matching Low Bullish

 

Pattern: Reversal Trend: Bullish Reliability: Moderate

 

How to Identify it

• The first day is a long black day
• The second day is a black day with a close equivalent to the first day’s close

What it Means

In a downtrend two black days occur with equal closes. This suggests short-term support, and can cause a reversal on the next day of trading.