Thrusting |
How to Identify:
The 1st bar is bearish and continues the downtrend;
The 2nd bar is bullish, opens at a new Low price and closes in the lower half of the previous bar's body.
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bearish pattern can also perform as a Bullish pattern, and a reversal pattern can be changed into a continuation pattern.
If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.
The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).
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