Candlestick Patterns | Bearish Downside Tasuki Gap

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Bearish Downside Tasuki Gap

Bearish Downside Tasuki Gap consists of three candles. The first two days are black candles with a gap between them.
The third day is a white candle, closing within the gap between the first two candles. It is likely that the trend will continue.

How to identify

  1. 1st two days are red days with a down gap between the 1st and 2nd day.
  2. 3rd day is a white day which opens within the body of the 2nd day and closes within the gap between the 1st and 2nd days.
  3. 3rd day should not fully close the gap.

Psychology

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The gap down on the 2nd day does not get filled by the 3rd day. This suggests that the downtrend will continue.

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