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Bullish Upside Gap Three Methods
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Continuation | - 1st two day are long white days with a gap between them.
- 3rd day is a black day that fills the gap of the 1st two days.
| | Psychology...
The gap up 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 selling to 'close the gap' created and the bullish trend should continue.
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