Downside Tasuki Gap Bearish
Pattern:
Continuation
Trend: Bearish
Reliability: Moderate
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How to
Identify it
- The first two days are
black days with an opening gap
- The third day is a
white day that opens within the body of the second day
and closes within the gap of the first two days
What it
Means
In a downtrend a black day
occurs, followed by another black day that gaps down. A
white day ensues, and is likely the result of investors
temporarily taking advantage of the low buying price. The
trend should continue to follow the direction of the
downward gap.