Piercing Line
A Piercing Line is a two-candle bullish reversal pattern where a bearish candle is followed by a bullish candle that opens below the prior low and closes above the midpoint of the prior candle's body.
A sharp intraday reversal shows buyers stepping in aggressively after an opening dip, clawing back the majority of the prior session's losses.
- Forms after a downtrend.
- First candle is a long bearish candle.
- Second candle opens with a gap down, then rallies to close more than halfway into the first candle's body — but does not fully engulf it.
- The deeper the close pierces into the first candle's body, the stronger the signal.
- Stop-loss is typically placed below the low of the second candle.
À des fins éducatives uniquement — ne constitue pas un conseil financier. Associez toujours une figure en chandelier à un contexte de marché plus large, à la gestion des risques et à votre propre plan de trading.
Questions fréquentes
Piercing Line's second candle closes above the midpoint of the first candle's body but not above its open, whereas Bullish Engulfing fully closes above the first candle's open.