Sunday, April 26, 2015

Downside Tasuki Gap candlestick pattern

Downside Tasuki Gap

Downside Tasuki Gap


Downside Tasuki Gap is a bearish candlestick pattern made up of 3 candles.

How to Identify:
    The 1st two bars are bearish and continue the downtrend;
    The 2nd bar gaps down from the 1st one;
    The 3rd bar is bullish and opens within the previous bar's body;
    The 3rd bar's Close price is within the gap between the 1st and the 2nd bars.


We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.  Under certain circumstances, a Bearish pattern can also perform as a Bullish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not theory, our data mining results are your must have reference.

The following pictures are taken from our Candlestick Pattern Indicator (Thinkorswim version).






No comments:

Post a Comment