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Downside Tasuki Gap Bearish
Trend: Bearish
Reliability: Moderate
How to Identify it
- The first two days are black days with an opening gap
- The third day is a white day that opens within the body of the second day and closes within the gap of the first two days
What it Means
In a downtrend a black day occurs, followed by another black day that gaps down. A white day ensues, and is likely the result of investors temporarily taking advantage of the low buying price. The trend should continue to follow the direction of the downward gap.
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