Candlestick Patronen
Stick Sandwich Bullish
The Stick Sandwich Bullish is a bullish reversal pattern represented by three candles. During a downtrend, the first candle is decreasing and is followed by a second green candle that closes above the previous high. Finally, the third candle decreases again and doesn’t break the previous low, then creating a support. The Stick Sandwich Bullish shows how the price loses strength and cannot keep making new lows during a downtrend. Then, encountering a support. This support ends the downward trend. Therefore, many traders will take this pattern as a signal to open a long position.
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