Bearish Counterattack Line

Counterattack lines are formed when opposite colored candles have the same close.

Bearish Counterattack Line is a less powerful reversal pattern which occurs in an UpTrend.

Recognition Criteria:

·       UpTrend
·       First line is White
·       Second line is Black
·       Closing prices of the two line’s are equal.

Function: BearCounterattackLine()

Trend: Bearish

Type: Less Powerful Reversal