We talked in previous articles about the names of most famous Japanese candlesticks , you can read all parts
.I'll talk today about Bullish Piercing Line and Bearish Dark Cloud Cover
:First : Bullish Piercing Line
Candlestick Shape : Consisting of two consecutive candlesticks , first candlestick is long red candlestick and the second is long green candlestick , the open price of second candlestick (Green Candlestick) is under the close price of the first candlestick (Red Candlestick) , and the close price of green candlestick is in the middle of the red candlestick as if it makes pierce in the red candlestick
Expectation : Mostly this kind of blending candlesticks reflects the trend from bearish trend to bullish trend
:Second : Bearish Dark Cloud Cover
Candlestick Shape : Consisting of two consecutive candlesticks , first candlestick is long green candlestick and the second is long red candlestick , the open price of second candlestick (red Candlestick) is higher than close price of the first candlestick (green Candlestick) , and the close price of red candlestick is in the middle of the green candlestick as if it makes pierce in the green candlestick
Expectation : Mostly this kind of blending candlesticks reflects the trend from bullish trend to bearish trend
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