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Upside-Downside Gap Three Methods

Oct 06, 2014 at 06:46
2 Replies
Myfxbook (Staff)
Member Since Jul 31, 2009   1431 posts
Oct 06, 2014 at 06:46
Discuss the Upside-Downside Gap Three Methods pattern here.
ghalib (ghalib911)
Member Since Sep 12, 2019   1 posts
Sep 12, 2019 at 14:32
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Member Since Aug 02, 2023   1 posts
Aug 02 at 12:17
This pattern is a variation of the more general Three Methods pattern and consists of a series of candlesticks that indicate potential trend reversals. Let's delve into the Upside-Downside Gap Three Methods pattern, its components, and its significance in trading analysis. The pattern begins with a relatively long candlestick that continues the existing trend. For the upside gap variation, this candlestick is bullish (green or white) and represents the continuation of an uptrend. For the downside gap variation, it is bearish (red or black) and signifies the continuation of a downtrend.
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