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Bearish Thrusting



This pattern signals a potential trend

Continuation


How to identify
  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.
Similar pattern(s)

» 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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