• Upside Gap Three Methods

  • Type: Continuation
  • Relevance: Bullish
  • Prior Trend: Bullish
  • Reliability: Medium
  • # of Sticks: 3

Definition:

This pattern features two up candles with a gap upward between them followed by a Long down candle which closes the gap between the two up candles but does not close below the first.  This pattern may set-up support for the current uptrend.

 

Opposite: Downside Gap Three Methods