Upside Tasuki Gap: Bullish Continuation Pattern

Upside Tasuki Gap is a bullish continuation pattern. Its a three day pattern.

August 24, 2011 / 11:25 IST

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.

first published: Aug 18, 2011 04:56 pm

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