Piercing Line
After a red candle, the next candle opens below that low and closes above the midpoint of the red body.
Bullish
Reversal
2 candles
What it means
After a red candle, the next candle opens below that low and closes above the midpoint of the red body.
How it's detected
- The second low is below the first low, and the first candle is bearish.
- The second candle is bullish and opens below the first low.
- The second close is above the midpoint of the first body.
Recent matches
Daily bars for a symbol, with marks where this pattern's detector matches.
Related patterns
Dragonfly Doji
Bullish
Reversal
1 candle
Price sold off and recovered to close at the high. The long lower wick shows buyers took the bar back.
Bullish Hammer
Bullish
Reversal
1 candle
A single green hammer: a small body at the high and a long lower wick. This check is the candle shape only.
Bullish Inverted Hammer
Bullish
Reversal
1 candle
A single green inverted hammer: a small body at the low and a long upper wick.