Trade Stock Indices

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Piercing Line Indices Trading Candlestick Pattern - Dark Cloud Cover Indices Trading Candlestick Pattern - Bullish Indices Trading Candlestick Patterns and Bearish Indices Trading Candlestick Patterns - Piercing Line Candlesticks and Dark Cloud Cover candlesticks

Piercing Line Bullish Indices Trading Candlestick Patterns - Dark Cloud Cover Bearish Indices Trading Candlestick Patterns - Bullish Indices Trading Candlestick Patterns PDF and Bearish Indices Trading Candlestick Patterns PDF

 

A Piercing Line Indices Trading Candlestick Pattern and Dark Cloud Cover Indices Trading Candlestick Pattern look alike but the difference is that one occurs at the top of a Indices up indices trading trend (Cloud Cover) and the other occurs at the bottom of a downwards indices trading trend (Piercing).

 

Upward Indices Trend Reversal - Dark Cloud Cover Candlesticks

 

Downward Indices Trend Reversal - Piercing Line Candlesticks

 

Piercing Line Candlestick

Piercing line is a long black body followed by a long white body candlestick.

 

The white body pierces the midpoint of the prior black body.

 

This is a bullish reversal indices trading pattern that occurs at the bottom of a market downward indices trading trend. It shows that the indices trading market opens lower and closes above the midpoint of the black body.

 

This shows that the momentum of the down indices trading trend is reducing and the indices trading market indices trading trend is likely to reverse and move in an upward direction.

 

This indices trading pattern is shown known as a piercing line signifying the indices trading market is piercing the bottom showing a market floor for the indices trading price downward trend.

 

Piercing Line candlestick Pattern

Piercing Line Candlestick

 

Technical Analysis Piercing Line Candlestick

A buy indices trading signal is confirmed once indices price closes above the neckline which is the opening of the candlestick on the left of the Piercing Line candlestick.

 

This is a bullish setup and indices price should continue moving upwards and for a indices trader who puts a buy indices trade should also place a stop loss indices trading order just below the lowest indices price level.

 

 

 

 

Dark Cloud Cover Candlestick

 

Opposite of piercing candlestick.

 

This candlestick is a long white body followed by a long black body.

 

The black body pierces the midpoint of the prior white body.

 

This is a bearish reversal indices trading pattern that occurs at the top of an upward indices trading trend.

 

It shows that the indices trading market opens higher and closes below the midpoint of the white body.

 

This shows that the momentum of the up indices trading trend is reducing and the indices trading market indices trading trend is likely to reverse and move in a downward direction.

 

This indices trading pattern is shown known as a cloud cover signifying the cloud as a ceiling for the indices trading price upward trend.

 

 

 

 

Dark Cloud Cover candlestick Pattern

 

Dark Cloud Cover Candlestick

 

 

Technical Analysis Dark Cloud Cover Candlestick

A sell indices trading signal is confirmed once indices price closes below the neckline which is the opening of the candlestick on the left of this candlestick.

 

This is a bearish setup and indices price should continue moving downwards and for a indices trader who puts a sell indices trade should also put a stop loss indices trading order just above the highest indices price level.

 

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