Candlestick Patterns
Upside Tasuki Gap
The Upside Tasuki Gap is a bullish continuation pattern represented by three candles. During an uptrend, the first candle increases. It is followed by another green candle with a small body that opens above the previous high, then creating a gap. The last candle is red and closes the gap created between the first and second candles. This pattern appears during uptrends where the bullish pressure is so high that the price performs a gap. Frequently, gaps tend to close quickly so the price can continue its ongoing uptrend. Many traders include this pattern in their strategy to have more confirmation to open a long position.
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