In the past, we have studied the counter candlestick pattern. Recall that the anti-line pattern is a two-candle line pattern, the color of the two candle lines before and after is opposite, and the closing price of the latter candle line is at the same level as the closing price of the previous one. This pattern is a reversal signal. As shown in Figure 7.42, the break-up line pattern is also composed of two candle lines with opposite colors, but unlike the counter-attack line pattern, the two candle lines in the break-up line pattern have the same opening price. The break candle line pattern is the same as the continuous signal.
In the process of market rise, if a black entity appears (especially when a relatively long black entity appears), it may become a heart disease for market participants with long positions. They were suspicious. “Bears may be fighting for the initiative?” In any case, if the market gaps up when the market opens the next day, the opening price returns to the level of the previous black candle line. This shows that the bear has lost control of the market. If the latter white candle line closes further at a higher level, it means that the bull has regained control of the power, and the previous rally will continue to develop.
The above situation is the evolution of the bullish breakup pattern shown in Figure 7.42. In this type of pattern, the white candle line should also be a bullish catch line (that is, its opening price is at the lowest point of the day).
In Figure 7.42, the bearish breakup pattern corresponds exactly to the above pattern, but in the opposite direction. It is generally believed that this type of pattern is a bearish continuous pattern.