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 ...

EUR/USD’s minor rebound has yielded a Piercing Line pattern on the daily. Yet the key reversal pattern awaits confirmation from a successive up-day before being validated. Amid the context of ...

HammerHead has introduced four tools to its pneumatic piercing line. The models come in two sizes, 4-inch and 5.125-inch. Both sizes are available in a Catamount reciprocating head model or a fixed, ...

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 ...

Overhanging resistance at 1.3700 may cap further gains and present selling opportunity The recent Piercing Line candlestick formation has continued to result in further gains for EUR/USD. The absence ...

From time to time, GearScout will post messages from the tactical industry that we think will be of interest to our readers. AMMO, Inc. has announced the operational launch of its patented Hard Armor ...

It is a bullish reversal pattern. It occurs in a downtrend and is comprised of two candlesticks. The first candlestick is a long black candle, accompanied by high volume. The next candlestick makes a ...

Piercing Line and Dark Cloud Coverare two-day reversal patterns. The pattern is a bearish or bullish reversal if it appears at the end of a downtrend or an uptrend. Any other indicator, oscillator and ...