Candlestick Patterns
Separating Lines Bearish
The Separating Lines Bearish is a continuation bearish pattern represented by two candles. During a downtrend, a first long bullish candle is followed by another long but decreasing candle that will open at the same price of the previous candle open and make a new low. In a market dominated by bearish pressures, the first candle of the pattern increases but it’s quickly rejected by the bears that push the price down very aggressively. Therefore, by adding this candlestick pattern to your strategy, it will sell positions or open shorts.