What Is a Downside Tasuki Gap? Definition A Downside Tasuki Gap is a candlestick formation commonly used to signal the continuation of the current downtrend. The pattern forms when a series of candlesticks exhibit the following characteristics: 1. The first candle is red or black (down) within an existing downtrend. 2. The second candle gaps […]
What Is an Upside Tasuki Gap? Definition An Upside Tasuki Gap is a three-bar candlestick formation commonly used to signal the continuation of the current uptrend. The pattern consists of the following: The first bar is a large white/green candlestick within a defined uptrend. The second bar is another white/green candlestick that opens with a […]
What Is a Thrusting Line? Definition The term thrusting line refers to a bearish or two-candle pattern in technical analysis. Along with being the continuation of a bearish pattern, a thrusting line may also alert traders to the reversal of a bullish pattern. The pattern is identifiable by the second candlestick, which closes near or […]
What is the Separating Lines Pattern? Definition The Separating Lines candlestick pattern is a continuation pattern that forms when a bullish candle pattern is followed by a bearish candle pattern that opens at the start of the previous bar in a downtrend, or when a bullish bar follows a bearish candle that opens below the […]
Below the Neckline – Bullish Atekubi Definition A bullish atekubi (line below the neckline) is a structure comprised of two Japanese candlesticks. The first candlestick is a large bullish candlestick (green), followed by a small bearish candlestick (red) with a closing just above the closing level of the previous candlestick. The second candlestick must be […]
