Tasuki Downside Gap

This formation consists of three candlesticks.

The first is a long black body, the second is a small black body and the third is a small white body. The middle small black body gaps down from the long black one. The small white body opens in the body of the small black one but then closes above the small black body. In a declining market this is a bearish continuation pattern.

Tasuki Downside Gap

Parameters:

BarsBack BarsBack must be greater than MinBars.

The candlestick formation will be scanned this many bars back in the timeframe.

MinBars 2(Fixed)

The value of MinBars will be one less than the number of bars in the candlestick formation.