The Ultimate Guide to Upward-Gapping Tasuki Candlestick Patterns

Last updated: January 4, 2024

Upward-Gapping Tasuki Pattern

The upward-gapping tasuki candlestick pattern is composed of a pair of candles which occur after a rising window:

The two candles after the window are similar in size - the first candle is bullish (green), closing higher than it opened, and the second candle is bearish (red), closing lower than it opened (opening within the first candle's body and closing below it).

Chart

General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes upward-gapping tasuki patterns with the following characteristics:

Typical characteristics

• Two consecutive candles, similar in size, occurring after a rising window
• The first candle is green (closing higher than it opened)
• The second candle is red (closing lower than it opened), and opening within the body of the first candle and closing below it

Examples of use as a trading indicator

• The window in the pattern can be used to estimate potential support areas (which is voided after a close below the bottom of the window).

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!