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Bearish Thrusting

DailyWeekly
Last Day: 0 Last Week: 0
Last 10 Days: 1 Last 10 Weeks: 0

Bearish Thrusting

This pattern signals
a potential trend...
How to identify...Similar pattern(s)...
Continuation
  1. 1st day is a red day.

  2. 2nd day is a white day which opens well below the low of the 1st day.

  3. 2nd day closes well into the body of the 1st day, but below the midpoint.
Bullish Piercing Line

Bearish On Neck

Bearish In Neck


Psychology...
This pattern underscores the lack of buyers. Even though the 2nd day is an up day, it's still unable to close above the midpoint of the previous day's body. This suggests that the downtrend will continue.


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