The candle formation could be considered a Harami (bullish formation) a two candlestick pattern in which a small real body holds within the prior session's unusually large real body. The harami implies that the preceding trend is getting ready to conclude.
OR
a Thrusting Line (bullish formation) Thrusting Line (Bullish)--a green candlestick which closes in the prior red's real body, but still below the middle of the prior session's real body.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.