Matching Low – Bullish Reversal Setup
📊 The Matching Low pattern signals potential reversal in a downtrend.
✅ Formation (2 candles):
1️⃣ First → Long red candle in downtrend.
2️⃣ Second → Another red candle closing at same low price as the first.
✅ Meaning: Selling pressure unable to push below previous low → support confirmed.
📌 Example: Stock falls ₹320 → ₹300, then 2 consecutive reds close exactly at ₹298 → Matching Low → buyers may step in.
🧠 Rule: Stronger if supported by next day green candle.
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