Downside Tasuki Gap - Candlestick Continuation Pattern

Downside Tasuki Gap Definition

The Downside Tasuki Gap is a three day candlestick continuation pattern.  The pattern starts with a red candlestick that has gapped below the previous red candlestick.  The third and final candlestick is a green candlestick that opens inside the body of the second red candlestick.  Traders should go short on the close of the third candlestick. 

How to Trade the Downside Tasuki Gap

Traders should trade in the direction of the Downside Tasuki Gap, which is a defined up downtrend.

Downside Tasuki Gap

Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...
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