The Piercing Pattern is a bullish candlestick pattern that is typically formed after a downtrend and indicates a potential trend reversal. It is characterized by the following: A long black candlestick A short white candlestick that opens below the close of the previous day’s black candlestick To identify the Piercing Pattern, traders can look for […]

Spencer Li

After trading for 18 years, reading 1500+ books, and mentoring 1000+ traders, I specialise in helping people improve their trading results, by using tested trading strategies, and making better decisions via decision science.

  The morning star candlestick pattern is a bullish reversal pattern that appears after a downtrend in a financial security’s price. It is characterized by a small real body, which suggests that there was little trading activity during the period, and a long lower shadow, which indicates that sellers tried to push the price lower […]

Spencer Li

After trading for 18 years, reading 1500+ books, and mentoring 1000+ traders, I specialise in helping people improve their trading results, by using tested trading strategies, and making better decisions via decision science.