Bullish Piercing Line Reversal
This is a two-period candle pattern occurring after a downward trend. The first candle shows a steady downward trend. The second candle opens below the closing price of the first candle and closes between the middle and the top of the first candle’s body. This pattern indicates the reversal of the trend and it is highly reliable.
This is a two-period candle pattern occurring after a downward trend. The first candle shows a steady downward trend. The second candle opens below the closing price of the first candle and closes between the middle and the top of the first candle’s body. This pattern indicates the reversal of the trend and it is highly reliable.