Downside Tasuki Gap: Bearish Continuation Pattern

Downside Tasuki Gap is a three day bearish continuation pattern. It starts with a red candle which gaps below the previous red candle.

August 24, 2011 / 11:26 IST

Downside Tasuki Gap is a three day bearish continuation pattern. It starts with a black candle which gaps below the previous black candle. The third candle is a white candle opening inside the body of the second red candle.

One can go short on the close of the third candle. The trade should be in the direction of the defined trend, which is downtrend in this case.

first published: Aug 18, 2011 04:59 pm

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