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What is a Thrusting Line candlestick pattern?
A Thrusting Line is a two-candlestick pattern in technical analysis that signals a potential bullish reversal, typically occurring during a downtrend. The pattern consists of a long bearish candle followed by a bullish candle that opens below the previous candle’s low but closes above its midpoint, though not above the prior candle’s close. This indicates that buyers are stepping in to counter the selling pressure, albeit with less conviction than in stronger reversal patterns, such as the Piercing Line. The Thrusting Line suggests a possible trend shift, but since it doesn’t fully reclaim lost ground, it is considered a moderate bullish signal rather than a strong one. Traders often wait for additional confirmation, such as a follow-up bullish candle or supporting indicators like rising volume or oversold RSI readings, before acting on the pattern. While it can be useful near support levels or after an extended decline, false breakouts are common, making risk management essential. The Thrusting Line is best used in conjunction with other technical tools to enhance reliability, as it may not guarantee a sustained upward move on its own. Recognising this pattern helps traders identify early signs of weakening bearish momentum and potential buying opportunities in a downtrend.

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