Thrusting Technical Analysis Patterns
Bullish Thrusting
Bearish Thrusting
The Thrusting pattern is a bearish continuation pattern.
It is identified when bearish candle is followed by a bullish candle which opens well below the low of the previous candle and closed into its body, but below its midpoint.
This pattern suggests a lack of buyers indicating a continuation of the current down trend.
It is identified when bearish candle is followed by a bullish candle which opens well below the low of the previous candle and closed into its body, but below its midpoint.
This pattern suggests a lack of buyers indicating a continuation of the current down trend.
