{"id":260,"date":"2009-12-31T12:46:46","date_gmt":"2009-12-31T18:46:46","guid":{"rendered":"http:\/\/www.stockhideout.com\/stock-blog\/?p=260"},"modified":"2016-04-20T09:08:29","modified_gmt":"2016-04-20T15:08:29","slug":"bullish-side-by-side-white-lines-pattern-2","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/learn\/bullish-side-by-side-white-lines-pattern-2\/","title":{"rendered":"Bullish Side-by-side White Lines Pattern"},"content":{"rendered":"

\"\"<\/a><\/p>\n

BULLISH SIDE BY SIDE WHITE LINES PATTERN (BSBSWLP)<\/strong>
\nThe initial selling ends quickly<\/p>\n

Characteristics:<\/strong>
\n1. The market is on an uptrend;
\n2. Day 1 has a white candlestick;
\n3. Day 2 has another white stick with an upward gap;
\n4. On Day 3, we see a white stick distinguished by the same body length and with a closing price equal to the close of Day 2 (and a new high is established).<\/p>\n

Brief Explanation:<\/strong>
\nThe BSBSWLP appears in a market that is bullish. The first white stick is a confirmation that the bull market is still there. On Day 2, the market opens with an upward gap and closes at a higher level. On Day 3, the market opens at a much lower level (even as low as Day 2\u2019s open). But the initial selling ends quickly and the market goes up again to another high. The bullish move continues.<\/p>\n

Notes:
\n1. The two side by side white sticks after the upward gap are of similar size and almost the same opening prices
\n2. The pattern\u2019s reliability is high but a confirmation is still suggested (through a whit candlestick with a higher close or a gap-up).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

BULLISH SIDE BY SIDE WHITE LINES PATTERN (BSBSWLP) The initial selling ends quickly Characteristics: 1. The market is on an […]<\/p>\n","protected":false},"author":1,"featured_media":1341,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[22,12,8,4],"tags":[],"class_list":["post-260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1-high-reliability-bullish","category-bullish-candlesticks","category-candlestick-charts","category-learn-stock-charts"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/posts\/260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/comments?post=260"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/posts\/260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/media\/1341"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/media?parent=260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/categories?post=260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/learn\/wp-json\/wp\/v2\/tags?post=260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}