Piercing Line candlestick pattern

2-candle patternPossible bullish signal

Piercing Line candlestick pattern

After a red candle, a green candle opens lower but closes above the middle of the red body.

After a price declineClose above openClose below open

Illustrative candles, not a live chart. Each candle covers one chart interval.

Spot it in 3 steps

What to check next

A further higher close confirms buyers are taking over.

Common mistake

If the green close stays below the midpoint, it is a weaker pattern, not a piercing line.

Definition reference: Investopedia

Educational example, not a trade recommendation. Patterns can fail. Check the wider trend, support and resistance; practise on demo rather than assuming the next trade will win.

Piercing Line candlestick pattern