Bullish Counterattack Line

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

Bullish Counterattack Line is a less powerful reversal pattern which occurs in a DownTrend.

Recognition Criteria:

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

Function: BullCounterattackLine()

Trend: Bullish

Type: Less Powerful Reversal