What is Upside Tasuki Gap: Bullish Continuation Pattern?
Upside Tasuki Gap is a bullish continuation pattern. Its a three day pattern. In this, a white candle gaps above the previous white candle. Third candle is a black candle, which opens inside the body of second candle.
Strategy: As its a bullish continuation pattern, one should trade in the preceding direction of the pattern. One can go long on the close of third candle.
Upside Tasuki Gap is a bullish continuation pattern. Its a three day pattern. In this, a white candle gaps above the previous white candle. Third candle is a black candle, which opens inside the body of second candle.
Strategy: As its a bullish continuation pattern, one should trade in the preceding direction of the pattern. One can go long on the close of third candle.