Bearish Tasuki Gap
A Bearish Tasuki Gap is a technical chart pattern that is used to identify a bearish trend in the stock market. It is a type of candlestick chart pattern that is formed when the price of a security opens above the previous day’s close, and then closes below the previous day’s open. This pattern is considered to be a strong indication of a bearish trend in the market, as it suggests that the price of the security is falling.
History of the Term
The Bearish Tasuki Gap was first identified by Japanese analyst Goichi Hosoda in the 1930s. Hosoda was a pioneer in the field of technical analysis, and he developed a number of chart patterns that are still used today. The Bearish Tasuki Gap is one of the most popular chart patterns, and it is often used by traders to identify bearish trends in the stock market.
Comparison Table
| Pattern | Open | Close |
|---|---|---|
| Bearish Tasuki Gap | Above Previous Day’s Close | Below Previous Day’s Open |
Summary
The Bearish Tasuki Gap is a technical chart pattern that is used to identify a bearish trend in the stock market. It is a type of candlestick chart pattern that is formed when the price of a security opens above the previous day’s close, and then closes below the previous day’s open. This pattern is considered to be a strong indication of a bearish trend in the market, as it suggests that the price of the security is falling. For more information about this term, you can visit websites such as Investopedia, The Balance, and Investing.com.
See Also
- Bullish Tasuki Gap
- Doji
- Engulfing Pattern
- Harami Pattern
- Hanging Man
- Inverted Hammer
- Marubozu
- Shooting Star
- Spinning Top
- Three White Soldiers
