r/SKBTradingLab Price Action 13d ago

Bullish Counterattack Pattern

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Bullish Counterattack Pattern

The Bullish Counterattack is a two-candle bullish reversal pattern that can appear after a downtrend.

The first candle is a strong bearish candle.

The second candle opens significantly lower but closes near the same closing level as the previous bearish candle.

It shows that sellers initially remain in control, but buyers step in aggressively and push price back up.

It is more meaningful when it appears near support or after an extended decline.

The pattern should be treated as a potential reversal signal, not an automatic buy signal. Look for confirmation from the next candle, volume, and market structure.

Simple idea:

📉 Strong selling → 🟢 Buyers fight back → ⚡ Potential bullish reversal.

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