if it cross the entry level then its 10 point plus for intraday i may be 1000% wrong also
, , Bullish, CONSUMER GOODS, TITAN
, , Bullish, CONSUMER GOODS, TITAN
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Hi,
Bullish candle followed by a candle that gaps open lower but closes at least 50% into the body of the previous candle. The bullish candle does not close above the highs of the previous red bar. Otherwise it will be called a bullish engulfing pattern instead of a bullish piercing pattern.