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Nikita (SEBI RA)

13th Oct · SEBI-Registered Analyst

Stick Sandwich – Bullish Reversal Setup 🥪

📊 The Stick Sandwich is a 3-candle bullish reversal pattern. ✅ Formation: 1️⃣ Long bearish candle. 2️⃣ Bullish candle closing higher. 3️⃣ Another bearish candle that closes exactly (or nearly) at the same level as the first candle’s close. ✅ Meaning: Support holds firm despite selling → bullish reversal likely. 📌 Example: Stock drops ₹530 → ₹500, green candle closes ₹515, then another red closes again at ₹500 → Stick Sandwich → strong support and reversal sign. 🧠 Rule: Works best near major support zones

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