piercing line

Two candles after a fall: a big red one, then a green one that opens lower but climbs above the middle of the red body.

The fuller meaning

A two-candle bullish reversal pattern after a decline: a long red candle, then a green candle that opens below the first close and closes above the midpoint of the first body but not above its open. It is a step weaker than a bullish engulfing and needs confirmation.

piercing line.

piercing line

The fuller meaning

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