Bearish Counterattack Candlestick Pattern – School


What is the Bearish Counterattack

The Bearish Counterattack is a multiple candlestick chart pattern that consists of two candles. The formation of this pattern signifies the end of an uptrend in the market.

  • The bearish Counterattack pattern consists of two candlesticks
  • The bearish Counterattack is a bearish reversal trend pattern

Understanding the Bearish Counterattack

The Bullish Counterattack pattern consists of two candlesticks. The first candlestick indicates that the market is still in a strong uptrend. This candlestick must be mainly a long true body. The second candlestick is also long and closes near the close of the first candlestick. This pattern requires one or two more candles to continue downwards, confirming the bearish reversal.

Learn more about candlestick patterns

The opposite pattern

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