|
Bearish Downside Gap Three Methods
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Continuation | - 1st two day are long black days with a gap between them.
- 3rd day is a white day that fills the gap of the 1st two days.
| | Psychology...
The gap down on the 2nd day gets filled by the 3rd day. More investigation of the previous weeks is recommended in order to see if this is the first gap. If so, then this pattern is probably displaying short covering to 'close the gap' created and the bearish trend should continue.
Disclaimer Privacy Contact Us
Copyright © 2001-
2012, All rights reserved. HotCandlestick.com, LLC
|
Log In
