Upside Gap Three Methods Bullish
How to Identify it
- Two long white days occur with a gap between them
- The third day is a black day that fills the gap between the first two days
What it Means
An uptrend is followed by two long white days with a gap upward between them. The
third day is a black day, but one that closes the gap between the first two. This should be seen as support for
the upward trend, and may be caused by temporary profit taking.