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How to identify
With the Downside Tasuki Gap bear the market is moving strongly downward. This move is extended further by another day that gaps even more in the direction of the trend. The third day opens well into the body of the second day, then partially fills the gap. An important point is that the gap made between the first two day's is not filled. The philosophy is that one would go short on the close of the third day. The psychology behind the Downside Tasuki Gap bear is going with the trend of the gap. The third day, called the correction day, did not fill the gap and the previous trend should continue. This is looked upon as temporary profit taking. The Japanese widely follow gaps also known as windows. The fact that the gap does not get filled or closed means that the previous trend should resume. This Downside Tasuki Gap bear is a simple pattern quite similar to the
Downside Gap Three Methods bear. The only difference is that in the Downside
Gap Three Methods bear, the gap that is made between the first two days
is filled by the third day. BUY "Downside Tasuki Gap Bear" Candlestick Chart Indicator Back to Glossary of BULL and BEAR Candlestick Chart Indicators. For an additional education on Japanese Candlestick Charting techniques, visit our Investment Bookstore and also check out the special pricing section called Fire Sale Books for great deals at the largest collection of Investment Books on the Internet. Click here if you'd like to be advised when the site is updated or refer this web site Home / Company Information / Promotions / TC2005 Candlestick Charts / Gift Certificate / Discount Book Store / Contests / Affiliate Programs / Internet Marketing Resources / Food for Thought ezine / Marketing Food for Thought ezine / Stock Market Info / Art / Telecom Services / Electronic Products / Favorite Links / Free Screensaver / Free Software / Email Updates / Refer This Site / Contact Us / By viewing this web site, you the visitor, agree to our
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