Candlestick Continuation Patterns: Uptrend and Downtrend

By Danuarzani - December 03, 2021

Candlestick Continuation Patterns

In a trend movement in trading, sometimes the movement that we analyze will result in a price reversal, instead it continues to continue the current trend price. To find out whether there will be a trend continuation or not, we should study the Continuation Candlestick Pattern Pattern. This will help in doing an Open Position. With the emergence of a continuation candle pattern pattern, it means that the current trend will experience a continuation. Examples of candlestick patterns for continuation patterns are as follows:

 

UPWARD GAP TASUKI

Bullish continuation patterns.

2 candles format.

Starting with utptrend.

The first candle is white and a gap-up from the previous candle.

The second candle is black.

The lowest price of the second candle does not break the high of the candle before the first candle.

Upward Gap Tasuki

Upward Gap Tasuki
Upward Gap Tasuki
 

RISING THREE

Bullish continuation patterns.

5 candles format.

Started an uptrend.

The first candle is white and has a long body

Followed by 3 shorter candles in the range of the first candle.

The second, third and fourth candles can be white or black.

The fifth candle must be white and have a long body.

The closing price of the fifth candle is above the high of the first candle.

Rising Three

Rising Three
Rising Three


 DOWNWARD GAP TASUKI

Bearish continuation patterns,

2 candles format.

Started a downtrend.

The first candle is black and gap-down from the previous candle.

The second candle is white.

The high of the second candle did not break the low of the candle before the first candle.

Downtrend Gap Tasuki

Downtrend Gap Tasuki
Downtrend Gap Tasuki


FALLING THREE

Bearish Continuation Patterns.

5 candles format.

Started a downtrend.

The first candle is black and has a long body.

Followed by 3 shorter candles in the range of the first candle.

The second, third and fourth candles can be white or black.

The fifth must be black and have a long body

The closing price of the fifth candle is below the lowest price of the first candle.

Falling Three

Falling Three
Falling Three



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