Matching High

Matching High consists of two candles White Marubozu.

The first line of the pattern appears as a long line while the second can be long or short. Both lines must close at the same level. Also, the opening of the second candle must be higher than the opening of the previous candle.

Matching High belongs to the group of bullish reversal patterns. Its appearance on the chart should be confirmed by the following candles, i.e. by the breakout of the nearest support zone, which can be formed by the first line of a Matching High pattern. The best confirmation is in the form of a black candle with a closing price lower than the opening price of the line of the first pattern.