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. In an uptrend, a bearish candle is followed by a bullish candle that opens at the same price the bearish candle opened. In a downtrend, a bullish candle is followed by a bearish candle that opens at the same […]
Above the Neckline – Bullish Atekubi Definition A bullish atekubi (line above 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 […]
In Neck Pattern – Bullish Irikubi Definition A bullish Irikubi (line in the neck) structure is comprised of two Japanese candlesticks. The first is a large bullish candlestick (green) followed by a small bearish candlestick (red) with a closing just below the closing level of the previous candlestick. The second candlestick must be significantly smaller […]