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Forex · candlestick pattern
Piercing line on AUD/USD
On AUD/USD the piercing line showed up 37 times. The target came first 32% of the time, the stop 59%, and 8% went nowhere within 12 candles.
Counted on AUD/USD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 0% | 100% | 0% |
| Hourly | 34 | 35% | 56% | 9% |
AUD/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| AUD/USD | 37 | 32% | 59% | 8% |
| All Forex charts | 439 | 32% | 58% | 10% |
| Every market | 6,128 | 34% | 55% | 11% |
The last 8 times
- 19 Jun 2026, 02:00 UTC · hourly · stop first after 1 candle
- 3 Jun 2026, 14:00 UTC · hourly · stop first after 1 candle
- 19 May 2026, 15:00 UTC · hourly · stop first after 10 candles
- 14 May 2026, 14:00 UTC · hourly · stop first after 2 candles
- 2 Apr 2026, 06:00 UTC · hourly · target first after 8 candles
- 26 Mar 2026, 18:00 UTC · hourly · stop first after 1 candle
- 18 Mar 2026, 23:00 UTC · hourly · target first after 10 candles
- 18 Mar 2026, 21:00 UTC · hourly · target first after 12 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the piercing line is
After a big red candle, green closes above its middle.
Imagine sliding down a slide, then climbing back up more than halfway before you stop. A piercing line is like that: after a big red candle, the next green candle climbs back past the middle of the red one. Buyers took back more than half of the drop.
The full piercing line lesson, video and quiz ›
Other patterns on AUD/USD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The piercing line elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · USD/CAD · S&P 500 · Ethereum · Bitcoin
Questions
How often does the piercing line work on AUD/USD?
In 37 cases on AUD/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 59%; 8% went nowhere within 12 candles.
What is the piercing line?
After a big red candle, green closes above its middle.