Separating Lines / 振り分け線
Reference values based on Bulkowski's "Encyclopedia of Chart Patterns". Data is primarily from U.S. markets and may differ for other markets.
A two-candlestick pattern where two candles extend in opposite directions from approximately the same opening price. The first candle moves against the trend and the second moves with the trend, both starting from the same open. The counter-trend move is negated, suggesting continuation of the original trend. During uptrends: bearish then bullish; during downtrends: bullish then bearish.
After the separating lines are confirmed, enter in the trend direction after confirming continued movement. Long in uptrends, short in downtrends.
Project the average body length of the two candles in the trend direction. Or target the nearest support/resistance line.
Place a stop-loss slightly beyond the first candle's extreme (below the low in uptrends, above the high in downtrends).
If the second trend-direction candle's volume exceeds the first, it indicates strong trend continuation strength, enhancing reliability.