CANDLESTICK
Case Study 0020: Hammer and Piercing Pattern (AUD/USD)
In this article, we will cover the performance of the AUD/USD after the emergence of a hammer and a piercing pattern.
PIERCING PATTERN
USDJPY
Case Study 0001: Doji After a Pronounced Red Candlestick (USD/JPY)
After an extended downtrend, the USD/JPY exhibited an exceptionally long red candle followed by a doji.
CANDLESTICK
Piercing Pattern Strategy: A Comprehensive Tutorial
Today we're exploring an important indicator of Japanese candlestick charting: the piercing pattern.
CANDLESTICK
Piercing Pattern: How to Set Your Stop-loss
Set the stop-loss level below the low of the piercing pattern to protect you against potential downside risk.
CANDLESTICK
Using the Piercing Pattern to Identify Support
The price range associated with a piercing pattern frequently evolves into a support area.
CANDLESTICK
Optimal Entry Points With Piercing Patterns
When a piercing pattern emerges, it signals a potential bullish reversal. Here are different options for entry points after this pattern.
CANDLESTICK
The Psychology Behind a Piercing Pattern
Understanding the psychology behind the piercing pattern requires dissecting its two-candle formation and the investor sentiment driving each candlestick.
CANDLESTICK
How to Identify a Piercing Pattern
A piercing pattern is a two-candle combination that occurs at the end of a downtrend, signaling a potential bullish reversal.