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Bearish Downside Gap Three Methods


This pattern signals a potential trend...

Continuation


How to identify...
  1. 1st two day are long red days with a gap between them.

  2. 3rd day is a white day that fills the gap of the 1st two days.
Similar pattern(s)...

» Bearish Downside Tasuki Gap

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.



Recent Scan Results...
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Last Day: 0 Last Week: 0
Last 10 Days: 1 Last 10 Weeks: 1




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