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CdlPiercing 1


Function - CDLPIERCING
CDLPIERCING
Piercing Pattern

Candlestick Pattern


SYNTAX CdlPiercing( ARRAY open, ARRAY high, ARRAY low, ARRAY close)
RETURNS NUMERIC ARRAY
DESCRIPTION Piercing Pattern, The Piercing Pattern is composed of a two-candle formation in a down trending market.
ADDITIONAL INFO Piercing Line Bullish
Signal: Bullish
Pattern: reversal
Reliability: moderate
Identification
A long black day is followed by a white day that gaps below the black day�s low and closes within and above the midpoint of the black day�s body.
EXAMPLE CdlPiercing(open, high, low, close)



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