P
PipsGrowth

Key Takeaways

Success Rate:57%
Difficulty:Advanced
Strength:
R:R Ratio:1:1.5
ā¬‡ļø

Downside Tasuki Gap

continuationModerate Reliability3 Candles

Bearish continuation: two bearish candles with gap down, followed by bullish candle that opens in second candle and closes in gap.

Market Psychology

Gap shows weakness, rally tests the gap but fails to fill it, sellers remain in control.

Candle Structure

1st2nd3rd

Trading Setup Example

Entry, stop loss, and take profit levels.

How to Trade the Downside Tasuki Gap PatternTake ProfitšŸ“„ EntryStop LossPatternConfirmBUYPatternConfirmEnterSL/TP

Always wait for pattern confirmation before entering a trade.

Where This Pattern Appears

Trend context and market position.

TrendDownside Tasuki GapContinues →

Appears during a trend, signals trend will continue.

How to Identify

1

First candle: Bearish in a downtrend

2

Second candle: Bearish with gap down

3

Third candle: Bullish, opens within second, closes in gap

4

Gap not completely filled

Confirmation Signals

Strong trend context
Volume confirms
Clean breakout

Trading Strategy

šŸ“„ Entry

Enter short on close of third candle

šŸ›‘ Stop Loss

Place stop above the gap

šŸŽÆ Take Profit

Target previous swing lows

āš–ļø Risk/Reward

1:1.5

Common Mistakes to Avoid

No clear prior trend
Pattern range broken
Weak confirmation candle

Pro Tips

šŸ’”Gap must remain partially unfilled
šŸ’”Pattern shows failed recovery attempt
šŸ’”More common in stocks than forex

Best Timeframes

Daily

Pattern Variations

Standard version
With consolidation
Last updated: December 29, 2024

Educational Disclaimer

This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.

Frequently Asked Questions