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Nikita (SEBI RA)

20th Oct Β· SEBI-Registered Analyst

Side-by-Side White Lines – Bullish Continuation πŸ“ˆ

πŸ“Š The Side-by-Side White Lines is a 2–3 candle bullish continuation pattern. βœ… Formation: 1️⃣ Strong green candle in an uptrend. 2️⃣ Next day, another green candle opens with a gap-up but closes almost at the same price as the previous close. 3️⃣ Sometimes repeated for 2–3 days β†’ looks like "side-by-side" candles. βœ… Meaning: Bulls consolidating gains without losing momentum β†’ uptrend likely to continue. πŸ“Œ Example: Stock jumps β‚Ή460 β†’ β‚Ή490, then prints 2 consecutive green candles around β‚Ή492–494 closing at nearly same price β†’ Side-by-Side White Lines β†’ bullish continuation. 🧠 Tip: Stronger when accompanied by rising volume.

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