Bull Sash Heiken Ashi Pattern

Bull Sash Heikin Ashi Pattern is a bullish reversal or continuation pattern which signals strong buying interest developed by Definedge.

This is a two-candle pattern. The first candle has a bearish Heikin Ashi candle and indicates temporary price weakness. The second candle is a bullish Heikin Ashi candle, and the close of the second candle must be higher than the high of the first candle.

This indicates that buyers have fully absorbed the selling pressure and are now in control of the trend. It can be considered as an early sign of renewed bullish momentum.