How to Read a Thrusting Pattern
A slightly stronger bounce than on-neck or in-neck, but still one that usually falls short of a genuine reversal.
A slightly stronger bounce than on-neck or in-neck, but still one that usually falls short of a genuine reversal.
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2-candle pattern · Bearish continuation
A thrusting pattern is a bearish candle followed by a bullish candle that closes above the midpoint of the prior candle’s body but still below its open, within a downtrend. It’s a somewhat stronger bounce than an on-neck or in-neck pattern, since it recovers more than half of the prior decline.
Even so, because the close doesn’t reach the first candle’s open, a thrusting pattern generally still falls short of signaling a genuine reversal and is treated as continuation until proven otherwise — the key threshold to watch is whether the next candle actually closes above that open.
This article is educational only and isn’t a recommendation to trade any particular instrument or pattern — no candlestick pattern works in isolation. See the full candlestick guide for how patterns like this one fit into a broader approach.