August 17, 2022

Day

Piercing Candlestick Pattern
Piercing pattern is a multiple candlestick chart pattern formed after a downtrend indicating a bullish reversal. Two candles form it, the first candle being a bearish candle which indicates the continuation of the downtrend. The second candle is a bullish candle that opens the gap down but closes more than 50% of the real body...
Read More