The candlestick pattern Matching Lows is a formation of two bearish candles presented in markets with a downward trend. It has a moderate reliability and indicates that the price is likely to change from bearish to bullish trend. This pattern can be identified as follows:
- The current market trend is bearish.
- During the first period a big black candle is formed.
- In the second period there is a shorter black candle which has a close that is equal or almost equal to the close of the first candle.