Markets › USD/JPY › Piercing line
Forex · candlestick pattern
Piercing line on USD/JPY
On USD/JPY the piercing line showed up 49 times. The target came first 24% of the time, the stop 73%, and 2% went nowhere within 12 candles.
Counted on USD/JPY: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 33% | 67% | 0% |
| Hourly | 46 | 24% | 74% | 2% |
USD/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/JPY | 49 | 24% | 73% | 2% |
| All Forex charts | 439 | 32% | 58% | 10% |
| Every market | 6,128 | 34% | 55% | 11% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 7 | 14% | 86% |
| 2025 | 27 | 26% | 74% |
| 2026 | 12 | 25% | 67% |
The last 8 times
- 13 Sep 2026, 22:00 UTC · hourly · stop first after 1 candle
- 31 Aug 2026, 08:00 UTC · hourly · stop first after 6 candles
- 28 May 2026, 13:00 UTC · hourly · stop first after 1 candle
- 24 Apr 2026, 12:00 UTC · hourly · stop first after 2 candles
- 16 Apr 2026, 03:00 UTC · hourly · target first after 3 candles
- 23 Mar 2026, 19:00 UTC · hourly · went nowhere
- 26 Feb 2026, 02:00 UTC · hourly · stop first after 3 candles
- 23 Feb 2026, 01:00 UTC · hourly · target first after 7 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 USD/JPY
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · 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 · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · S&P 500 · Ethereum · Bitcoin
Questions
How often does the piercing line work on USD/JPY?
In 49 cases on USD/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 24% of the time and the stop came first 73%; 2% went nowhere within 12 candles.
What is the piercing line?
After a big red candle, green closes above its middle.