Bullish Side by Side White Lines is a three candlestick continuation pattern occuring during an uptrend. The first candle is long bodied and white. The second candle gaps upward to open a higher open and is white. The third candle is white and opens and closes at about the same level as the second candle.
How to identify
- 1st two days are white days with an up gap between the 1st and 2nd day.
- 3rd day is a white day about the same size as the 2nd day, opening at about the same price.
The 2nd and 3rd days are a failed attempt to reverse the uptrend. The uptrend remains intact.