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All Patterns Flashcard Game
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Bullish Upside Gap Three Methods
| This pattern signals a potential trend |
Continuation
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| How to identify |
- 1st two day are long white days with a gap between them.
- 3rd day is a red day that fills the gap of the 1st two days.
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| Similar pattern(s) |
» Bullish Upside Tasuki Gap
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| 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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