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Upside Gap Three Methods Bullish
Trend: Bullish
Reliability: Moderate
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.
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