Although the On Neck signal, the In Neck signal, and the Thrusting Line signal are very similar in structure (there is a white candle that follows a black candle and opens below it), each pattern takes the price movement one step further than the last. It starts with the On Neck, in which the white candle closes below the black candle’s close. Then, in the In Neck, the white candle closes at or slightly above the black candle’s close. So where do you think the Thrusting Line pattern’s white candle closes? You guessed it! It closes above the black candle’s close (though below the body’s midpoint). With each pattern, the white candle inches ever so slightly upward. Today we’re focusing on the Thrusting Line candlestick pattern, where the white candle reaches its greatest height. Scroll down to learn how to spot and interpret this bearish continuation pattern.
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