Piercing line and dark cloud cover

Two candles: after a fall, a green candle opens lower but closes above the middle of the big red one (piercing line). Dark cloud cover is the mirror at a top.

What it means

Buyers (or sellers) took back more than half of the previous candle: a possible turn.

What to watch

The second candle must close past the middle; stronger at support or resistance.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.