Description
Thrusting is a bearish trend continuation candlestick pattern consisting of two candles.
The Thrusting candlestick pattern is recognized if:
-
The first candle is bearish and continues the downtrend;
-
The second candle is bullish, opens at a new Low price and closes in the lower half of the previous candle's body.
Input Parameters
| Parameter | Description |
|---|---|
trend setup
|
The number of preceding candles to check if the trend exists. |
Plots
| Plot | Description |
|---|---|
Bearish
|
The Thrusting candlestick pattern. |
For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.