Back

Definition

 

Bearish Downside Tasuki Gap consists of three candles. The first two days are black candles with a gap between them. The third day is a white candle, closing within the gap between the first two candles. It is likely that the trend will continue.

  • Trend: Continuation
  • Expected trend: Bearish
  • Previous trend: Bearish
  • Reliability: Low
  • Type: Bearish
  • Number: 3

Recognition

  • The market is in a downward trend.
  • The first two days are black candles with a gap between them.
  • The third day is a white candle with an opening price in the body of the previous candle. It closes within the gap between the first two candles.

Interpretation

There are two consecutive black candles in the inclining trend with a gap between them. Investors try to take advantage of the low prices on the third day and start purchasing shares. The correction is not powerful enough, the inclining trend must continue.

Important factors

Bearish Downside Tasuki Gap is very rare. The length of the black candles is similar. Bearish Downside Tasuki Gap is very similar to the Bearish Downside Gap Three Methods formation, but here the last day does not fill the gap. To make sure the trend is reversed, a confirmation on the fourth day is needed. The confirmation could come from a black candle with a downward gap or a lower closing price.