Downside Tasuki Gap

Downside Tasuki Gap
The downside tasuki gap candlestick pattern occurs in a strong downward moving market and is considered to be a rare formation.

Downside Tasuki Gap Candlestick Pattern
February 4th in Bearish Three-Stick Patterns by Mash Bonigala .

Downside Tasuki Gap
Description
The Downside Tasuki Gap is found during a declining trend. A black candle forms after gapping down from the previous black candle. The next day opens higher and closes higher than the previous day's open.

Downside Tasuki Gap
Discussion
As I mentioned in the introduction, the downside Tasuki gap is supposed to act as a bearish continuation, but testing shows that it acts as a bullish reversal 54% of the time. That is what I call "near random.

Bearish Downside Tasuki Gap
The bearish downside tasuki gap (shita banare tasuki) candlestick pattern (view full size chart) is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks), and it is a bearish pattern.

Bearish Downside Tasuki Gap
Weekly Charts: 4 found in last 10 weeks. Click here to see them.
This pattern signals a trend...

The Bearish Downside Tasuki Gap Pattern appears in a strongly downward moving market. The downward move is extended further by another day, which displays a gap in the direction of the downtrend.

Downside Tasuki Gap Bearish
Pattern: Continuation
Trend: Bearish
Reliability: Moderate ...

Downside Tasuki Gap: Downside Tasuki Gap Example A continuation pattern with a long black body followed by another black body that has gapped below the first one.

Downside tasuki gap. A bearish two-day candlestick combination. It consists of a second-day blank bar that closes an overnight gap opened on the previous day by a black bar.

Downside Tasuki Gap
The downside tasuki gap is a bearish candlestick pattern. It consists of three different days and will occur during a downtrend.

Downside Tasuki Gap
Pattern: continuation
Reliability: moderate
Identification
A long black day is followed by a second long black day that gaps in the direction of the trend.

Downside Tasuki Gap - Candlestick Continuation Pattern
The Downside Tasuki Gap is a three day candlestick continuation pattern. The pattern starts with a red candlestick that has gapped below the previous red candlestick.

bearish downside tasuki gap candlestick Downside Tasuki Gap  • Direction: Bearish  • Type:...

Downside Tasuki Gap: A continuation pattern with a long, black body followed by another black body that has gapped below the first one.

Continuation Candlestick Patterns #2 - Downside Tasuki Gap - This is found during a downward trend. A black candle will form after it gaps down from its previous black candle.

Bearish Separating Lines, Falling Three Methods, Downside Tasuki Gap, Bearish Side by Side White Lines, Bearish Three Line Strike, Downside Gap Three Methods, Bearish On Neck Line, Bearish In Neck Line, Marubozu ...

Downside tasuki gap : A bearish two-day candlestick combination. It consi...
Downward breakout from a consolidation formation : A bearish pointand - f...
Downward breakout of a bullish support line : A bearish point-andfigure c...

See also: Gap, Pattern, Trend, Candle, Close