Candlestick Analysis Today’s Candlestick Patterns: High Wave Bullish Piercing Line
Today a High Wave was formed. This implies a loss of sense of direction and that there is a great amount of indecision in the market. For more about this candlestick click here.
The last two candlesticks formed a Bullish Piercing Line Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.