The pattern shows that the buyers may be losing control during an uptrend or that sellers may be losing control in a downtrend. The bullish counterattack lines is a candle… See more

Suppose the market is engaged in an active downtrend. The first candle continues the decline, with the close well below the open, generating a long real body. This i… See more

Suppose the market is engaged in an active uptrend. The first candle continues the advance, with the close well above the open, generating a long real body. This increases b… See more

Counterattack lines are best used in conjunction with other forms of analysis, because they won't always result in a reversal. The first bullish counterattack lines on th… See more