Equity Based Analysis > Technical Analysis > Candlestick Functions > Separating Lines |
In an UpTrend, a black candlestick is followed by a white candlestick with the same opening price.
In a DownTrend, a white candlestick is followed by a black candlestick with the same opening price.
Recognition Criteria:
· The opening prices of the first and second line are equal
AND
o UpTrend
o First line is Black
o Second line is White
o OR
o DownTrend
o First line is White
o Second line is Black
Function: SeparatingLines()
Trend: --
Type: Continuation