Upside Tasuki Gap
BullishContinuationIntermediateTwo green candles gap up, then a red one dips into the gap but can't close it.
Verdict: UseBitcoin 4H: 0 trades, won —, avg trade — vs random day — (too few trades to judge). Backtest
An uptrend, and a solid green candle.
step 1/7
Trade rules
| Direction | Long (buy) |
|---|---|
| Entry | In an uptrend: a green candle, a green candle whose body opens above the first one's close, then a red candle that opens inside the second body and closes inside the gap. A candle CLOSES above the pattern's high within 3 candles. |
| Cancelled if | Price trades below the first candle's close (the gap is filled) before that close. |
| Target | 2x the pattern, projected from the breakout |
3 common mistakes
- Reading the red candle as a reversal and selling it.
- Calling it a tasuki when the red candle closes the gap completely.
- Buying before price clears the pattern's high.
Backtest
same rules every time · equal size · no fees · method| Market | Trades | Won | Avg trade | Random day |
|---|---|---|---|---|
| Bitcoin · 4H · 2017-2026 · too few trades to judge | 0 | — | — | — |
| US large caps (50) · 1D · 2016-2026 | 37 | 54% | +2.60% | +1.00% |
Verdict: UseMade money and beat a random entry on US large caps. Bitcoin had too few signals to judge.
pattern +96%random +37%