Please have a look at the attached chart.
Stock Name: Adaniports
there is a clear uptrend
then the bearish piercing happens followed by a downtrend.
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Bullish View
Bearish View
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Hi sir,
The bearish piercing candle should open above the previous day high.
I’ve attached the reference for bearish piercing pattern.
Thanks for the comment. let me check try to post another example for this pattern