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Bearish Downside Tasuki Gap

Daily Charts:   25 found in last 10 days.   Updated Tue Mar 9 18:16:04 2010 CST . Click here to see them.

Weekly Charts:   1 found in last 10 weeks. Click here to see them.

Bearish Downside Tasuki Gap

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Continuation
  1. 1st two days are black days with a down gap between the 1st and 2nd day.
  2. 3rd day is a white day which opens within the body of the 2nd day and closes within the gap between the 1st and 2nd days.
  3. 3rd day should not fully close the gap.

Psychology...

The gap down on the 2nd day does not get filled by the 3rd day. This suggests that the downtrend will continue.





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