Stick Sandwich
A three-candle pattern where two dark candles with matching closes "sandwich" a light one, hinting at a floor.
In plain English
A three-candle pattern where two dark candles with matching closes "sandwich" a light one, hinting at a floor.
A stick sandwich shows up during a decline. A red candle, then a green candle that pushes higher, then another red candle that closes at almost exactly the same price as the first. Two matching closes form the bread; the green candle is the filling.
The matching closes suggest that price level is acting as support, and the pattern is read as a possible bullish reversal. It is rare and works best as one clue among several.
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