A double candlestick reversal signal with a bullish pattern is known as bullish piercing pattern. The first candlestick is a long bearish candle. The other one is a long bullish candle that has closed above the midpoint of the first candle.
A double candlestick reversal signal with a bullish pattern is known as bullish piercing pattern. The first candlestick is a long bearish candle. The other one is a long bullish candle that has closed above the midpoint of the first candle.
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