Looking to elevate your trading strategy? 🤔 Dive into the world of Upside Tasuki Gap - a powerful pattern that savvy traders swear by!
The Upside Tasuki Gap is a bullish candlestick pattern that occurs during an uptrend, signaling potential continuation of the trend. It consists of three candles:
1️⃣ The first candle is bullish.
2️⃣ The second candle opens higher than the previous close, creating a gap.
3️⃣ The third candle opens lower than the second candle's close, but closes above the first candle's close, filling the gap.
📈 How to Use it?
This pattern suggests a brief pause in the uptrend before resuming bullish momentum. Traders often use it as a signal to enter long positions or add to existing ones.
💡 Pro Tip:
Combine the Upside Tasuki Gap with other technical indicators or price action strategies for enhanced precision.