Piercing Candlestick Pattern - What Is It and How To Use It

A "Piercing" pattern received its name due to the principle of its construction on the price chart. This Japanese candlestick pattern belongs to reversal patterns and significantly influences an asset's price movement.Why is the candlestick pattern rarely found on the chart? What are the peculiarities of the construction of this pattern? You have probably seen this pattern on the chart but did not devote much attention to it because it is similar to others.The "Piercing" pattern has some si