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 price pattern that marks a ...
The piercing pattern candlestick chart is a two day price action pattern. It is created after one large down black or red candlestick followed by one large up white or green candlestick that opens ...
After opening in the negative, Nifty50 gained strength in late morning deals and gradually extended by more than 100 points on April 22. The index formed a bullish candle on the daily charts, as the ...