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Candlestick Patternsintermediate
COUNTERATTACK LINE
DARK CLOUD COVER
PIERCING LINE
TWEEZER BOTTOM
TWEEZER TOP

Counterattack Line

Two opposite-coloured candles that close at the same price — bulls and bears fought to a draw — a potential reversal warning.

Also called Meeting Lines

Counterattack Lines (also called Meeting Lines) form when two candles of opposite colour close at the same price. The first candle extends the trend; the second candle opens with a gap in the same direction but then reverses completely to close at the same price as the prior session.

A bullish Counterattack appears at the bottom of a downtrend: a bearish candle is followed by a gap-down open that rallies all the way back to the prior close. A bearish Counterattack appears at a top. The shared close signals temporary equilibrium — watch for confirmation the following session before acting.

Related terms