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morrie3
Upside-Downside Gap Three Methods
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Aug 02, 2023 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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