Upside Tasuki Gap is a bullish candlestick pattern made up of 3 candles.

How to Identify:

•     The first two candles are bullish and continue the uptrend;
•     The 2nd bar gaps up from the first one;
•     The 3rd bar is bearish and opens within the previous bar’s body;
•     The 3rd candle’s Close price is within the gap between the first and the second bars.

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.

Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Upside Tasuki Gap Pattern data mining result (2014 Daily)

• Upside Tasuki Gap Pattern data mining result (2014 Daily, Bullish reversal)

• Upside Tasuki GapPattern data mining result (2014 Daily, Bearish continuation)

The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).