Markets › EUR/USD › Piercing line
Forex · candlestick pattern
Piercing line on EUR/USD
On EUR/USD the piercing line showed up 52 times. The target came first 21% of the time, the stop 65%, and 13% went nowhere within 12 candles.
Counted on EUR/USD: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 8 | 25% | 75% | 0% |
| Hourly | 44 | 20% | 64% | 16% |
EUR/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| EUR/USD | 52 | 21% | 65% | 13% |
| All Forex charts | 439 | 32% | 58% | 10% |
| Every market | 6,128 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 6 | 33% | 67% |
| 2025 | 18 | 28% | 56% |
| 2026 | 22 | 14% | 68% |
The last 8 times
- 23 Sep 2026, 17:00 UTC · hourly · stop first after 7 candles
- 23 Sep 2026, 10:00 UTC · hourly · stop first after 1 candle
- 14 Sep 2026, 09:00 UTC · hourly · stop first after 3 candles
- 2 Sep 2026, 07:00 UTC · hourly · stop first after 2 candles
- 26 Aug 2026, 15:00 UTC · hourly · went nowhere
- 6 Aug 2026, 10:00 UTC · hourly · stop first after 3 candles
- 23 Jul 2026, 18:00 UTC · hourly · went nowhere
- 12 Jul 2026, 23:00 UTC · hourly · stop first after 2 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 EUR/USD
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI overbought drop · all of them
The piercing line elsewhere
GBP/USD · EUR/JPY · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · S&P 500 · Ethereum · Bitcoin
Questions
How often does the piercing line work on EUR/USD?
In 52 cases on EUR/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 21% of the time and the stop came first 65%; 13% went nowhere within 12 candles.
What is the piercing line?
After a big red candle, green closes above its middle.