Upside/Downside Tasuki Gap Candlestick PatternAndreas Voellenklee
Upside Tasuki Gap is a bullish candlestick pattern made up of 3 candles. How to Identify: The first two candles are bullish and continue the uptrend; The 2nd bar gaps up from the first one; The 3rd bar is bearish and opens within the previous bar's body; ...
A Downside Tasuki Gap is acandlestickformation that is commonly used to signal the continuation of the currentdowntrend. The pattern is formed when a series of candlesticks have demonstrated the following characteristics: 1. The first candle is red or back (down) within an existing downtrend. 2....
The Upside Tasuki Gap demonstrates an uptrend’s strength through the gap open of the pattern’s second candle, as well as its escalating price. The pattern’s third candle indicates a pause in the trend as thebearsattempt to move the price lower but cannot close the gap between the first ...