Piercing Line
BullishA two-candle bullish reversal where the second candle opens below previous low and closes above midpoint.
Success Probability: 80%
Pattern Visualization
How to Identify
- First: Long bearish candle
- Second: Opens below first candle low
- Second closes above 50% of first body
- Appears in downtrend
Trading Tips
Confirm with volume spike. Enter above second candle high. Stop below low. Target resistance.
A two-candle bullish reversal where the second candle opens below previous low and closes above midpoint.
Trading Strategy
Confirm with volume spike. Enter above second candle high. Stop below low. Target resistance.
How to Identify
- First: Long bearish candle
- Second: Opens below first candle low
- Second closes above 50% of first body
- Appears in downtrend
Risk Management
With a 80% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.