Great, and over what time period should the analysis be conducted? Is it advisable to look at the RSI or auxiliary charts that will show in which sector of the price movement parabola they are located?

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From the Models of Bullish Candlestick Patterns 💹🈯️🕯️🕯️🕯️🕯️🕯️
Bullish Piercing Line Pattern:
This candle resembles the Bullish Engulfing candle, but the closing of the bullish candle is within the body of the bearish candle. The price decreases in the first candle, then opens below the closing price of the bearish candle, preferably also below the low price of the bearish candle. After that, the price rises and the second candle closes above the closing level of the bearish candle, preferably closing above 50% of the body of the bearish candle. As shown in the image. This candle is good to indicate the possibility of a return to price increase, and it is preferable that it comes after a downward trend. However, this candle can also be observed during upward trends, indicating the possibility of continuation in the bullish direction and failure to achieve a downward correction.
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