Up-gap side-by-side white lines
The Up-Gap Side-By-Side White Lines is a bullish continuation pattern represented by three candles.
During an uptrend, the first candlestick rises.
The second candlestick opens above the close of the previous candlestick, thus creating a gap.
The third candlestick is similar to the previous one, but its low is higher.
The bullish pressure was so great that the price created an Up-Gap. The next two candles continue to rise, which tells us that the price has not yet finished the uptrend. Typically, this pattern precedes a price increase.
Last modified: 13 December 2024