Upside Tasuki Gap - Bullish

 

Upside Tasuki Gap - Bullish

Upside Tasuki Gap is a three-candle pattern found in an uptrend that usually hints at the continuation of the uptrend. The first candle is long and green, followed by a smaller green candle with its opening price that gaps above the body of the previous candle. The third candle is red and it closes inside the gap created by the first two candles, unable to close it fully. The bear’s inability to close the gap hints that the uptrend might continue.

The bearish version of the Upside Tasuki Gap pattern is the Downside Tasuki Gap candlestick pattern.