What Is Piercing Line?
The Piercing Line is a two-candle bullish reversal pattern where the second candle opens below the prior low and closes above the midpoint of the first bearish candle. It shows buyers stepping in after a sell-off.
Win Rate
59%
Avg Move
3.0%
Best TF
Daily
BullishDouble Candle2 CandlesBeginnerModerate Reliability
Key Characteristics
- Second candle opens below prior low
- Closes above the midpoint of the first bearish candle
- Appears at the bottom of downtrends
- More reliable with high volume
Learn More About Piercing Line
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