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.