Side-by-Side Lines
A set of signals identified as side-by-side are all continuation patterns, and they come in four types. The side-by-side bullish white lines have three sessions: a white candlestick, an upside gap, and two additional white sessions. The side-by-side bullish black lines start with a white candle, and then an upside gap and two black sessions.
In bearish white side-by-side lines, the first session is black and is followed by a downside gap and two white sessions. The bearish black side-by-side lines begin with a black session and are followed by a downside gap and two additional black sessions.
Key Point
The strength in all side-by-side patterns is a combination of candlestick direction and the gaps formed within the signal ...
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