Counterattack Lines: A Reversal Signal
What is the Counterattack Lines Pattern?
The Counterattack Lines is a two-candle pattern that signals a potential trend reversal in the market.
First Candle – Strong Trend Move
A strong bullish or bearish candle forms, confirming the current market direction.
Second Candle – Opposite Reaction
The second candle opens with a gap in the opposite direction and closes near the previous candle’s close.
What Does It Indicate?
The pattern shows that the market fails to sustain the opposite move, indicating strong support or resistance.
Confirmation & Volume
Traders wait for the next candle to confirm direction, while higher volume improves the signal strength.
With Our Subscription Plans
Open demat account in 5 minutes*
Open Demat A/C