Sunday, June 23, 2024

Stick Sandwich

A Stick Sandwich is a three candlestick pattern formed when the middle candlestick is the opposite color to the two side candlesticks.

The first and third candles will trade in a wider range than the middle candle, so the pattern will look like an upright sandwich.

The stick sandwich pattern can be both bullish and bearish.
Stick Sandwich

To identify a Stich sandwich, look for the following criteria:

  • There must be three candles in a row .
  • The candle in the middle of

  • must be the opposite color of the candles on either side.
  • The put stick sandwich will run “White-Black-White” or “Green-Red-Green”.
  • A bullish stick sandwich will run “Black-White-Black” or “Red-Green-Red”.
  • The candles on either side of the

  • must have a larger trading range than the middle candle , making them higher than the middle candle.
  • The middle candle of

  • must be shorter so that is engulfed by the first and third candles .
  • The

  • bullish bar sandwich must occur during a downtrend, while the bearish bar sandwich must occur during an uptrend.


Since the Stick Sandwich can appear in both an uptrend and a downtrend, be sure to pay attention to the color of the candle.

What color are the candlesticks on both sides? What color is the candlestick sandwiched between them?

In a bull market, the bulls are in control until the second candle forms.

This candlestick indicates that buying pressure may be ending. In a bear market, the opposite is true.

Since the two candles on either side of the signal have equal closing prices, the pattern has strong support and a high probability of reversal.

The fact that both candlesticks closed at the same level indicates that support has been established.

Look for the confirmation level, which is the midpoint between the last two closing prices.

Be sure the price is above (bullish) or below (bearish) this point before moving forward.

Look at the last candlestick for clues, especially its Close.

Make sure to wait for the third candlestick’s High (bullish bar sandwich) or Low (bearish bar sandwich) breakout.

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