Investor Education Pattern Recognition Tasuki Gap

Financial Indicator

Equity pattern-recognition tool provides you with the Pattern Recognition execution environment for running Tasuki Gap recognition against Equity. Equity momentum indicators are usually used to generate trading rules based on assumptions that Equity trends in prices tend to continue for long periods.

The Tasuki Gap pattern shows Investor Education continuation trend for either bearish or bullish conditions.. View also all equity analysis

Tasuki Gap In A Nutshell

First, address that the trend is in a bullish trend and has been for a little while. Then, you need to identify the first candle, which is a large bullish candle confirming the current trend. The second candle will be a gap to the upside, and close as a bullish candle. Lastly, the final candle in the pattern will be a bearish candle, but note that the candle does not have to close the gap that has just occurred.

The Tasuki Gap candlestick pattern works in both bearish and bullish markets, but let us focus on the bullish market for simplicity purposes. Everything will apply in reverse for the bearish side of the equation. When trying to identify the Tasuki Gap, there are three candlesticks involved.

Closer Look at Tasuki Gap

Let us dive into the specifics of the setup. The first candle is a large bullish candle, which can indicated a few things. First, this can mean that buyers have really stepped in and begun to purchase the stock based on any number of factors. Secondly, it could indicate that it hit a certain level in the market, triggering people to flow into the market.

Taking a peek at the second candle, this is a gap up from the first and typically that means there is strong demand going into the next day. Gaps in the chart tend to be filled but that is not always the case.

The last candle is important to note because it can mean a couple things. First, it could mean that too many buyers stepped in and people are simply taking profits off the table. This could also indicate a change in the direction of the market, but that may be the more extreme of the options.

As with any candlestick pattern, they are not one hundred percent, but rather an indication of what may happen. Take note of the market health and movements and begun to set alerts if everything is setting  up to your standards. This candlestick pattern could simply be a play on human emotions, but factor in all data points to formulate a well rounded opinion.

Additional Technical Research

Current Sentiment - FILTER

Investor Education Investor Sentiment

Most of Macroaxis users are currently bullish on FILTER. What is your judgment towards investing in FILTER? Are you bullish or bearish?
98% Bullish
2% Bearish

Current Thematic Trending

Purchased few shares
Active 1 hour ago
Purchased few shares
Active 1 hour ago
Purchased few shares
Active 1 hour ago
Purchased over 50 shares
Active 1 hour ago
Purchased few shares
Active 1 hour ago
Check out Investing Opportunities. Please also try CEO Directory module to screen ceos from public companies around the world.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page