July 2015
Intermediate to advanced
352 pages
9h 40m
English
book
A Technical Approach To Trend Analysis: Practical Trade Timing for Enhanced Profits
by Michael C. Thomsett
Content preview from A Technical Approach To Trend Analysis: Practical Trade Timing for Enhanced Profits
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Thrusting and Separating Lines
The two continuation patterns in this section often are confused with two of the reversals in the last chapter. The bullish thrusting lines consist of a white session, an upside gap, and a white session opening higher and closing within range of the previous day. The gap is a key element of this pattern; however, it has the same elements of the piercing lines reversal. The bearish thrusting lines are the opposite: a black session, downward gap, and a white session opening lower and closing within range of the previous day.
Key Point
Thrusting and separating lines are continuation signals, but these formations occur frequently and could be less significant than other continuation signals.
The distinction here ...
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