The piercing line candlestick pattern is a bullish candlestick pattern that forms after an extended bearish trend. It can be used as an indicator to predict the resumption of the uptrend as it shows ...

(MENAFN- DailyFX) The piercing line pattern consists of twocandlesticks , which suggests a potential bullish reversal within theforex market . This piercing pattern should not be used in isolation but ...

EUR/GBP sold off to just below 0.8400 as its downtrend unfolds. It has formed a bullish Piercing Line Japanese candlestick reversal pattern indicating the potential for a correction higher. The pair ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

It is not unreasonable to assume that gold could trade to and move above $2000 or higher during this calendar month. Gold Futures Display Strong Bullish Reversal Patterns in Consecutive Weeks Gold ...

Candlestick patterns are used to predict the future direction of price movement. Discover 16 of the most common candlestick patterns and how you can use them to identify trading opportunities. A ...

The Nifty 50 finally snapped a four-day losing streak as it recouped all morning losses and turned green in afternoon on April 19. More important is that the index has smartly defended the upward ...

Just like the English alphabet is to human education, the candlestick chart is to Technical analysis Candlestick is one of the most important and widely used charts by technical analysts and day ...