Downside Gap Three Methods Bearish
Pattern:
Continuation
Trend: Bearish
Reliability: Moderate
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How to
Identify it
- Two long black days
occur with a gap between them
- The third day is a
white day that fills the gap between the first two days
What it
Means
A downtrend is followed by
two long black days with a gap downward between them. The
third day is a white day, but one that closes the gap
between the first two. This should be seen as support for
the downward trend.