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Nikita (SEBI RA)

30th Sep · SEBI-Registered Analyst

Side-by-Side White Lines – Bullish Continuation

📊 The Side-by-Side White Lines pattern indicates the continuation of an ongoing uptrend. ✅ Formation (3 candles): 1️⃣ First → Strong green candle. 2️⃣ Second → Another green candle opening with a gap up and closing around the same level. 3️⃣ Third → Another green candle of similar size and close. ✅ Meaning: Buyers remain strong even after a gap up, confirming bullish sentiment. 📌 Example: Stock rallies ₹420 → ₹450, then forms two more gap-up greens closing near ₹455 → Side-by-Side White Lines → bullish continuation confirmed. 🧠 Rule: The second and third candles must close near each other to validate the pattern.

TITAN

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