Forex Stock Exchange Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Forex Stock Exchange Forum

Forum About Trading on Forex,Stock,Binary Options, and CryptoCurrency


Yukimura trading robot
advertisement

Cyborg Pro
advertisement

Cyborg Pro
advertisement

You are not connected. Please login or register

Forex Stock Exchange Forum » Forex and Stock Trading English Forum » Forex School » Piercing Pattern

Piercing Pattern

Go down  Message [Page 1 of 1]

1attention Piercing Pattern Mon Mar 30, 2015 2:59 pm

gandra

gandra
Global Moderator

[You must be registered and logged in to see this image.]
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.



Short info about me!
I am forex, stock market trader, and software developer at the same time. I developed several Trading Robots (Expert Advisors) for trading on Meta Trader 5 trading platform. If you want to see all my EA's, visit the following link below.
* [You must be registered and logged in to see this link.]
https://www.instaforex.com/?x=FOUA https://www.mql5.com/en/users/drgandra/seller#products

Back to top  Message [Page 1 of 1]

Forex Stock Exchange Forum » Forex and Stock Trading English Forum » Forex School » Piercing Pattern

Permissions in this forum:
You cannot reply to topics in this forum