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piercing pattern
the word piercing means penetrating in to. similarly in piercing pattern the prevision candle will penetrated by a opposite trend candle or it can be said as the the second candle stick does not engulf the first candle completely but it will at least cover half of the first candle
like engulfing piercing pattern candle will form in opposite trend
there are two types of piercing namely bullish and bearish piercing
The Bearish Piercing has the cover at-least 50% – which is missing in the attached chart
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