« Back home

Bearish Meeting Line (Short trades)

This is a 2 candlestick pattern. A sell signal is generated when the following conditions are satisfied –

1) A bullish green candle appears in an up trend

2) A bearish red candle follows the bullish green candle

3)The close of bullish green candle is equal to the close of bearish red candle.

Buy script

Sell script

Additional notes

The buy signal appears when two continuous bullish candles appear. The trader is free to change the buy condition to suit his specific requirement.