Matching
Low
Description
This
bullish reversal pattern is considered highly reliable.
In
a downtrend, a long black candlestick day is followed by a small black
candlestick day, both having identical closes.
The
first black day with bears in control is followed by a gap up that sells off to
close the same as the previous day (matching lows). Confirmation would be if
the third day there was strength on good volume.
Market
Opinion
Bullish.
Pattern
