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
Trading Education Media Kit
Learn what is the Bearish Counterattack pattern media kit. You can use it for any project or website or share it on social networks. Don’t forget to mention us as a source. Thank you.