About Scanner: Bullish Separating Lines Candlestick Scanner

What is Bullish Separating Lines Candlestick ?

First candle red & second candle green, opening price for the candles must be similar.

Key Points Bullish Separating Lines:

• Trend: Appears during an uptrend, confirming bullish strength.
• First Candle: A long bearish candlestick, which may appear as a temporary pullback.
• Second Candle: A bullish candlestick that opens at or above the close of the first candle and closes higher.

Bullish Separating Lines Trading Strategies:

• Confirmation uses volume increase or additional bullish indicators (e.g., RSI, MACD) to confirm trend continuation.
• Trend Strength works best in strong uptrends where the market is already bullish.

Warning

It's best to wait for another bullish candlestick to confirm the pattern.

Target

Short term - Target previous trend support/resistance levels.
Long term - Look at other aspects like volume spurt , recent support / Resistance levels and other technicals.

Stop Loss

Stop-loss Set below the low of the bearish candle.

TSR Bullish Separating Lines Scanner

• Set Alert as it happens
• Combine Bullish Separating Lines pattern with other Technicals/patterns with Fine Tune Filter Option
• Filter on Stock basket or your watchlist
• Back test to gain confidence on the Pattern.
• Filter on small ticks like 5 mins to Monthly tick
• Auto refresh

Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option

Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.

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