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kavehkk
Jun 18, 2021 6:27 PM

Piercing line Pattern (Reversal Signal) Long

BINANCE:BTCUSDT.P240
Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

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The piercing line is a two-stick pattern, made up of a long red candle, followed by a long green candle.

There is usually a significant gap down between the first candlestick’s closing price and the green candlestick’s opening.
Candlestick Analysiscandlepatternreversal
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