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.
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2 min read
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.
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2 min read
Piercing Pattern Strategy: A Comprehensive Tutorial
Today we're exploring an important indicator of Japanese candlestick charting: the piercing pattern.
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7 min read
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.
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3 min read
Using the Piercing Pattern to Identify Support
The price range associated with a piercing pattern frequently evolves into a support area.
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3 min read
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.
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3 min read
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.
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2 min read
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.
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2 min read