Bullish Separating Lines

See our Patterns Dictionary for other patterns.

Check our CandleScanner software and start trading candlestick patterns!

Figure 1. Bullish Separating Lines pattern.

Figure 1. Bullish Separating Lines pattern.

Japanese name: iki chigai sen
Forecast: bullish continuation
Trend prior to the pattern: uptrend
Opposite pattern: Bearish Separating Lines

Construction:

  • First candle
    • a candle in an uptrend
    • black body
    • appears as a long line
  • Second candle
    • white body
    • the opening price is equal to the previous opening price

The Bullish Separating Lines is a two-line bullish continuation pattern. Its both candles appear as a long line. The first line is a black candle whereas the second one is white. The name of the pattern comes from the fact that the opening price of the first candle is equal to the opening price of the second line, i.e. candles are separating in opposite directions.

The pattern is very rare.

Figure 2.

Figure 2. A Bullish Separating Line is preceded by a Bearish Belt Hold built of an exceptionally long black candle. In such market context, the bulls and the bears are fighting within the black candle range. Eventually, the bears control the stock.
Note that the first line of the Bullish Separating Line appears as a short line, although, by definition, it should appear as a long line. The requirement is relaxed because the pattern is very rare.

Bullish Separating Lines statistics

Below you can find some Bullish Separating Lines pattern statistics calculated by CandleScanner software. To see more detailed statistics, for other markets and periodicity try our CandleScanner software. Prices start at only $99, and you can see more detailed statistics, for other markets and periodicity. Click here to find out more!

Pattern name: Bullish Separating Lines
Scanner settings: daily stocks
Group: S&P500
Number of symbols: 502
Date range: 7/1/1995 - 6/30/2015
Time interval: daily candles
Total number of candlesticks: 2,236,421
Number of occurrences (Bullish Separating Lines): 158
Number of occurrences (all candlestick patterns): 638,570
% of occurrences (Bullish Separating Lines): 0.02 %
Average frequency: 14,154.6
Efficiency statistics (5 candlesticks testing period)

Efficiency NO DATA FALSE LOW MEDIUM HIGH
Number of
Occurrences
0 18 50 32 58
% of
Occurrences
0.00 % 11.39 % 31.65 % 20.25 % 36.71 %
Efficiency statistics (10 candlesticks testing period)

Efficiency NO DATA FALSE LOW MEDIUM HIGH
Number of
Occurrences
0 17 33 34 74
% of
Occurrences
0.00 % 10.76 % 20.89 % 21.52 % 46.83 %
10 top best performing symbols

Occurrences Statistics 5 candlesticks testing period
(HIGH efficiency)
10 candlesticks testing period
(HIGH efficiency)
Symbol Number of
Occurrences
Average
Frequency
Number of
Occurrences
% of
Occurrences
Number of
Occurrences
% of
Occurrences
AVGO 1 1,485.0 1 100.00 % 1 100.00 %
COL 1 3,520.0 0 0.00 % 1 100.00 %
ED 2 2,517.0 1 50.00 % 2 100.00 %
GILD 2 2,515.5 2 100.00 % 2 100.00 %
GNW 1 2,794.0 1 100.00 % 1 100.00 %
NDAQ 1 3,254.0 1 100.00 % 1 100.00 %
NEM 2 2,517.0 2 100.00 % 2 100.00 %
NVDA 1 4,136.0 0 0.00 % 1 100.00 %
NWL 2 2,517.0 1 50.00 % 2 100.00 %
SEE 1 4,346.0 1 100.00 % 1 100.00 %
10 top worst performing symbols

Occurrences Statistics 5 candlesticks testing period
(FALSE efficiency)
10 candlesticks testing period
(FALSE efficiency)
Symbol Number of
Occurrences
Average
Frequency
Number of
Occurrences
% of
Occurrences
Number of
Occurrences
% of
Occurrences
HUM 2 2,517.0 2 100.00 % 2 100.00 %
MNST 1 4,375.0 1 100.00 % 1 100.00 %
FLIR 3 1,677.7 2 66.67 % 2 66.67 %
ECL 2 2,517.0 1 50.00 % 1 50.00 %
KMX 2 2,315.5 1 50.00 % 1 50.00 %
LNC 2 2,517.0 1 50.00 % 1 50.00 %
NFX 2 2,515.0 1 50.00 % 1 50.00 %
AVGO 1 1,485.0 0 0.00 % 0 0.00 %
BAC 2 2,517.0 0 0.00 % 0 0.00 %
CAM 4 1,258.3 0 0.00 % 0 0.00 %
Pattern name: Bullish Separating Lines
Scanner settings: daily stocks
Group: S&P500
Number of symbols: 502
Date range: 7/1/2010 - 6/30/2015
Time interval: daily candles
Total number of candlesticks: 614,034
Number of occurrences (Bullish Separating Lines): 31
Number of occurrences (all candlestick patterns): 166,328
% of occurrences (Bullish Separating Lines): 0.02 %
Average frequency: 19,807.5
Efficiency statistics (5 candlesticks testing period)

Efficiency NO DATA FALSE LOW MEDIUM HIGH
Number of
Occurrences
0 1 11 10 9
% of
Occurrences
0.00 % 3.23 % 35.48 % 32.26 % 29.03 %
Efficiency statistics (10 candlesticks testing period)

Efficiency NO DATA FALSE LOW MEDIUM HIGH
Number of
Occurrences
0 1 6 8 16
% of
Occurrences
0.00 % 3.23 % 19.35 % 25.81 % 51.61 %
10 top best performing symbols

Occurrences Statistics 5 candlesticks testing period
(HIGH efficiency)
10 candlesticks testing period
(HIGH efficiency)
Symbol Number of
Occurrences
Average
Frequency
Number of
Occurrences
% of
Occurrences
Number of
Occurrences
% of
Occurrences
AVGO 1 1,258.0 1 100.00 % 1 100.00 %
BAC 1 1,258.0 1 100.00 % 1 100.00 %
BWA 1 1,258.0 0 0.00 % 1 100.00 %
FLIR 1 1,258.0 1 100.00 % 1 100.00 %
GILD 1 1,258.0 1 100.00 % 1 100.00 %
HCN 1 1,258.0 0 0.00 % 1 100.00 %
HSY 1 1,258.0 1 100.00 % 1 100.00 %
LUK 1 1,258.0 0 0.00 % 1 100.00 %
NVDA 1 1,258.0 0 0.00 % 1 100.00 %
RCL 1 1,258.0 1 100.00 % 1 100.00 %
10 top worst performing symbols

Occurrences Statistics 5 candlesticks testing period
(FALSE efficiency)
10 candlesticks testing period
(FALSE efficiency)
Symbol Number of
Occurrences
Average
Frequency
Number of
Occurrences
% of
Occurrences
Number of
Occurrences
% of
Occurrences
MU 1 1,258.0 1 100.00 % 1 100.00 %

Comments are closed.