DownsideTasukiGap

Description

Downside Tasuki Gap is a bearish trend continuation candlestick pattern consisting of three candles.

The Downside Tasuki Gap candlestick pattern is recognized if:

  • The first two candles are bearish and continue the downtrend;

  • The second candle gaps down from the first one;

  • The third candle is bullish and opens within the previous candle's body;

  • The third candle's Close price is within the gap between the first and the second candles.

Input Parameters

Parameter Description
trend setup The number of preceding bars to check if the trend exists.

Plots

Plot Description
Bearish The Downside Tasuki Gap candlestick pattern.


For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.