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Nikita (SEBI RA)

12th Sep · SEBI-Registered Analyst

Stick Sandwich – Bullish Reversal Setup

📊 The Stick Sandwich is a 3-candle bullish reversal pattern. ✅ Formation: 1️⃣ First candle – Long green. 2️⃣ Second candle – Long red closing below first. 3️⃣ Third candle – Long green closing at or near the close of the first green. ✅ Meaning: Support level holds, buyers re-enter after sellers fail to extend weakness. 📌 Example: Stock drops to ₹520, then Stick Sandwich forms around ₹518 → demand zone active. 🧠 Rule: Works best near strong support levels.

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