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Piercing Line Stock Trading Candlestick Pattern - Dark Cloud Cover Stock Trading Candlestick Pattern - Bullish Stock Trading Candlestick Patterns and Bearish Stock Trading Candlestick Patterns - Piercing Line Candlesticks and Dark Cloud Cover candlesticks

Piercing Line Bullish Stock Trading Candlestick Patterns - Dark Cloud Cover Bearish Stock Trading Candlestick Patterns - Bullish Stock Trading Candlestick Patterns PDF and Bearish Stock Trading Candlestick Patterns PDF

 

A Piercing Line Stock Trading Candlestick Pattern and Dark Cloud Cover Stock Trading Candlestick Pattern look alike but the difference is that one occurs at the top of a Stock upstock trading trend (Cloud Cover) and the other occurs at the bottom of a downwards stock trading trend (Piercing).

 

Upward Stock Trend Reversal - Dark Cloud Cover Candlesticks

 

Downward Stock Trend Reversal - Piercing Line Candlesticks

 

Piercing Line Candlestick

Piercing line is a long black body followed by a long white body candlestick.

 

The white body pierces the midpoint of the prior black body.

 

This is a bullish reversal stock trading pattern that occurs at the bottom of a market downward stock trading trend. It shows that the stock trading market opens lower and closes above the midpoint of the black body.

 

This shows that the momentum of the downstock trading trend is reducing and the stock trading market stock trading trend is likely to reverse and move in an upward direction.

 

This stock trading pattern is shown known as a piercing line signifying the stock trading market is piercing the bottom showing a market floor for the stock trading price downward trend.

 

Piercing Line candlestick Pattern

Piercing Line Candlestick

 

Technical Analysis Piercing Line Candlestick

A buy stock trading signal is confirmed once stock price closes above the neckline which is the opening of the candlestick on the left of the Piercing Line candlestick.

 

This is a bullish setup and stock price should continue moving upwards and for a stock trader who puts a buy stock trade should also place a stop loss stock trading order just below the lowest stock price level.

 

 

 

 

Dark Cloud Cover Candlestick

 

Opposite of piercing candlestick.

 

This candlestick is a long white body followed by a long black body.

 

The black body pierces the midpoint of the prior white body.

 

This is a bearish reversal stock trading pattern that occurs at the top of an upward stock trading trend.

 

It shows that the stock trading market opens higher and closes below the midpoint of the white body.

 

This shows that the momentum of the upstock trading trend is reducing and the stock trading market stock trading trend is likely to reverse and move in a downward direction.

 

This stock trading pattern is shown known as a cloud cover signifying the cloud as a ceiling for the stock trading price upward trend.

 

 

 

 

Dark Cloud Cover candlestick Pattern

 

Dark Cloud Cover Candlestick

 

 

Technical Analysis Dark Cloud Cover Candlestick

A sell stock trading signal is confirmed once stock price closes below the neckline which is the opening of the candlestick on the left of this candlestick.

 

This is a bearish setup and stock price should continue moving downwards and for a stock trader who puts a sell stock trade should also put a stop loss stock trading order just above the highest stock price level.

 

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