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gandra
gandra
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Number of messages : 3612
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Date of Entry : 2013-01-13
Year : 49
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ma1 Piercing Pattern

on Mon Mar 30, 2015 2:59 pm
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Piercing pattern -- a bottom reversal signal. In a downtrend, a long black candlestick is followed by a gap lower
during the next session. This session finishes as a strong white candlestick which closes more than halfway into the prior black candlestick's real body. Compare to the on-neck line, the in-neck line, and the thrusting line.
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