# Piercer

Sometimes, price may continue to move after a FibDot appears, creating a 'pierced' FibDot. If other factors align, this could signal a potential trading opportunity in the direction opposite to the FibDot direction.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2Fw8VMrZciXPS2klkTMKiU%2FPIERCER%201%20GIF.gif?alt=media&#x26;token=99db22bd-320b-446c-84df-b8ca842d68ee" alt=""><figcaption><p>Here is an example where the price has pierced through the 🟢 dark green FibElliDott and continued to plummet.</p></figcaption></figure>

If price continues beyond the FibDot almost immediately, the FibDot may be retracted and disappear.

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2F8W70qIoBAPpH9DleZIb1%2FPIERCER%202%20GIF.gif?alt=media&#x26;token=d2da1884-8520-4934-89e7-21b00b941eb6" alt=""><figcaption><p>Here is an example where the price has pierced through the 🔴 dark red FibElliDott and continued to climb higher.</p></figcaption></figure>

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2F0RgeMh67XnrxaOSsube3%2FPIERCER%203%20GIF.gif?alt=media&#x26;token=26128179-7383-40ee-a06e-ff69e5f6ca7e" alt=""><figcaption><p>Here is a live chart example where the price has pierced through the 🟢 dark green FibElliDott and continues to fall.</p></figcaption></figure>

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FpsoehNp0m5ILBCNzfOjo%2FPIERCER%204%20GIF.gif?alt=media&#x26;token=b6465331-416a-4c2f-9508-48fc1916f328" alt=""><figcaption><p>Here is another live chart example where the price has pierced through the 🔴 dark red FibElliDott and continued to rise.</p></figcaption></figure>

***

## Example Piercer

<figure><img src="https://3588932008-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSmdQdlKTkpiw2LN0L1TV%2Fuploads%2FVOAVBKBVUiIfa3PLWkEn%2FDouble%20Dot%20Piercer%20gif.gif?alt=media&#x26;token=035b3a2f-3094-4558-b9c6-8122e8e2622c" alt=""><figcaption><p>WATCH: A <a href="https://docs.algoboxpro.com/strategies/double-dot">Double Dot</a> strategy gets pierced as sellers continue to enter the market, pushing price down. Confluence is required such as with <a href="https://docs.algoboxpro.com/fundamentals/flowmaster-tm-audiobox">FlowMaster™ AudioBox</a>, <a href="https://docs.algoboxpro.com/fundamentals/macv-ultimate">MACVU</a> and <a href="https://docs.algoboxpro.com/fundamentals/speedometer-and-psychology-module">market speed</a>.</p></figcaption></figure>

See more Piercers [here](https://docs.algoboxpro.com/enigma-audiobox#enigma--audiobox-piercer).

***

## Video Tutorials: Piercer

{% embed url="<https://youtu.be/u2pXrlHk3zI>" %}
WATCH: This short video explains the Piercer strategy.
{% endembed %}

{% embed url="<https://www.youtube.com/watch?t=2248s&v=-6UnGvsbWHA>" %}
WATCH: Vinny E. Mini teaches the Piercer strategy just after the 33:00 minute mark in this tutorial.
{% endembed %}

{% embed url="<https://youtu.be/NkjjFSqN4u0?t=1314>" %}
WATCH: Vinny E. Mini talks about the Piercer strategy at the 21:50 time stamp in this Mentorship Monday.
{% endembed %}

{% embed url="<https://youtu.be/0qX9bQt2UAg?t=2825>" %}
WATCH: Vinny E. Mini explains an example of the Piercer strategy at the 47 minute mark in this Mentorship Monday.
{% endembed %}

***

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