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Upside Gap Three Methods Bullish


Pattern: Continuation
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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