Piercing Pattern
A rising candle that opens below the previous falling candle's low and closes above the midpoint of its body.
The mirror of dark cloud cover: a gap down bought back through more than half the prior decline.
What a piercing pattern has actually done
Every occurrence we hold, scored on whether price moved more than 0.5% in the pattern’s own direction within three candles.
| Timeframe | Occurrences | Reached target | Baseline | Edge |
|---|---|---|---|---|
| 1H · crypto | 259 | 39.4% | 22.3% | +17.1pp |
| 4H · crypto | 95 | 32.6% | 33.6% | -1.0pp |
Baseline is the share of ordinary candles that passed the same test over the same period, same timeframe and same direction. A rate at or below it means the shape added nothing. Edge is the difference between the two. This is a record of what followed, not a forecast.