The side-by-side white lines pattern is a three-candle continuation pattern that occurs on candlestick charts. The up version is a large up (white or green) candle followed by a gap and then two more white candles of similar size to each other. The down version is a large down (black or red) candle followed by two white candles of similar size. When the pattern occurs, which is rare, it is expected that the price will continue moving in the current trend direction, down or up, as the case may be.
Click to rate this post!
[Total: 0 Average: 0]