What is the upside tasuki gap pattern?
The upside tasuki gap is a bullish continuation pattern. Two green candles separated by a gap, then a red candle that fails to close the gap.
How does the upside tasuki gap form?
Two green bars separated by a gap, then a red bar that opens inside the second and closes without filling the gap.
How do you confirm a upside tasuki gap?
The gap staying open is what matters. While it holds, the advance has not actually been questioned.
When does the upside tasuki gap fail?
Gaps fill more often than not, especially on intraday timeframes where the 'gap' is just a session break.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the upside tasuki gap, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a upside tasuki gap. Where did price go next?