Upside Tasuki Gap

Upside Tasuki Gap
The upside tasuki gap is a bullish continuation trend and is the result of temporary profit taking in a strong upward market.

Upside Tasuki Gap
Discussion
The upside Tasuki gap is a candle that is suppose to be a bullish continuation pattern and it is, but only 57% of the time. I consider that "near random," so do not try to guess the breakout direction.

Bullish Upside Tasuki Gap
The bullish upside tasuki gap (uwa 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 bullish pattern.

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

The Bullish Upside Tasuki Gap Pattern appears in a strongly upward market. This bullish move continues one more day with a gap in the direction of the uptrend.

Upside Tasuki Gap
Upside Tasuki Gap is a three candle bullish continuation pattern. The pattern occurs in an uptrend. The first and second candles are white and separated by a gap.

UPSIDE TASUKI GAP
(uwa banare tasuki)
Description
The Upside Tasuki Gap is found in a rising trend. A White candles forms after gapping up from the previous white candle, as shown in the above illustration.

Upside Tasuki Gap: Upside Tasuki Gap Example A continuation pattern with a long white body followed by another white body that has gapped above the first one.

Upside Tasuki Gap Bullish
Pattern: Continuation
Trend: Bullish
Reliability: Moderate ...

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

Upside Tasuki Gap - Candlestick Continuation Pattern
The Upside Tasuki Gap is a three day candlestick continuation pattern. The pattern starts with a green candlestick that has gapped above the previous green candlestick.

Continuation Candlestick Patterns #1 - Upside Tasuki Gap - A white candle after it gaps up from a prior white candles (Bullish).

This pattern is similar to the bullish upside tasuki gap pattern. The key difference is that the former has a gap between the first two days that is not filled on day three.

Upside Tasuki Gap: A continuation pattern with a long white body followed by another white body that has gapped above the first one.

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