Japanese Candlesticks Theory

Piercing Pattern

The Piercing Pattern is the opposite of the Dark Cloud Cover.

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Example of the Piercing Pattern

The Piercing Pattern appears after a downtrend and is formed with two candles:

  • the first candle has a black real body and the second one has a white long body;
  • the white candle opens under the black candle bottom and closes above the prior black candle center.

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