Down-Gap Side By Side White Lines Pattern

Candlestick patterns

down gap side by side white lines
  • The down-gap side by side white lines candlestick pattern is a 3-bar bearish continuation pattern.
  • It appears during a downtrend.

Statistics to prove if the Down-Gap Side By Side White Lines pattern really works

Are the odds of the Up Gap Side by Side White Lines and Down Gap Side by Side White Lines pattern in your favor?


How does the Up Gap Side by Side White Lines and Down Gap Side by Side White Lines behave with a 2:1 target R/R ratio?

Success rate

From our research the Up Gap Side by Side White Lines and Down Gap Side by Side White Lines pattern confirms 88% of the time on average overall all the 4120 markets we analysed. Historically, this patterns confirmed within 1.1 candles or got invalidated within 6.6 candles. If confirmed, it reached the 2:1 R/R target 33.8% of the time and it retested it's entry price level 98.6% of the time.
Not accounting for fees, it has an expected outcome of 0.013 $/$. It means for every $100 you risk on a trade with the Up Gap Side by Side White Lines and Down Gap Side by Side White Lines pattern you make $1.3 on average.
Want to account for your trading fees? Have the detailled stats for your favorite markets / timeframes? Or get the stats for another R/R than 2:1?
🚀 Join us now and get fine-tuned stats you care about!

How to handle risk with the Up Gap Side by Side White Lines and Down Gap Side by Side White Lines pattern?


We analysed 4120 markets for the last 59 years and we found 64 743 occurrences of the Up Gap Side by Side White Lines and Down Gap Side by Side White Lines pattern.
On average markets printed 1 Up Gap Side by Side White Lines and Down Gap Side by Side White Lines pattern every 241 candles.

For 2:1 R/R trades, the longest winning streak observed was 18 and the longest losing streak was 52. A trading strategy relying solely on this pattern is not advised. Anyway, make sure to use proper risk management.

Stack the odds in my favor NOW!

Keep in mind all these informations are for educational purposes only and are NOT financial advice.

What is the down-gap side by side white lines candlestick pattern?

The down-gap side by side white lines candlestick pattern is a bearish continuation pattern that appears during a downtrend. It appears when the bearish pressure begins to overpower the market and price creates a gap-down. It indicates that sellers are ready to cover their positions. However, the down-gap side by side white lines pattern is a very rare pattern. It is very unusual to have two wicks on the small candlesticks. Furthermore, the down-gap side by side white lines can be invalid if the next candlestick is not a bearish one or if it does not open in a bearish gap.

How to identify the pattern? 

The down-gap side by side white lines candlestick pattern is a bearish pattern occurring during an uptrend. It also has the following characteristics that can be used as hints to identify the pattern.

  • The first candle must be a black candle.
  • The second candle must be white opening below the close of the first candle creating a gap down.
  • The third candle must be a white candle with a real body equal in length to the second candle. It should open at the same level or below the real body of the first candle. 
  • The second and third candles must be side by side.

What does the down-gap side by side white lines pattern tell traders? 

The down-gap side by side white lines candlestick pattern conveys multiple things to the traders. During the downtrend, a black candle appears that indicates the continuation of the downtrend. It suggests that the market is in complete control of the bears. The decline in prices is extremely dramatic that it makes a gap down before the start of the second day’s trading session. However, in the next trading session, the bears lose control and the bulls take charge of the market. The price jumps up, and white candlestick forms. On the third day, the prices open at the same level as it did on the previous day. Again, the bulls continue the effort to increase the prices. The two white candles appearing side by side are similar on the surface but they actually tell traders about this moment of discord. It shows that nothing changed during the two days.

Despite the brilliant efforts of the bulls, the down-gap side by side white lines pattern indicates a continuation of the downtrend. The reason is that the bulls do not have enough power to overwhelm the bears and their efforts for the rally aren’t just enough. The signal is generally considered more powerful when the length of the second and third similar candles is longer. 

The down-gap side by side white lines pattern is a strong indicator with a very clear message although it appears very rarely. However, trusting a single candlestick pattern is always risky. The traders must wait for the formation of a black candle and a downward gap before initiating a trade. Other technical analysis tools can also prove very helpful for further confirmation. 

How does the pattern look in real life?

The cryptocurrency pair FUN/BTC printed a bearish Down Gap Side by Side White Lines on 2018-12-13 19:00:00. It confirmed on 2018-12-14 17:00:00 (meaning price closed below entry level). It retested the trade entry level on 2018-12-14 18:00:00. Then it failed to reach the 2:1 R/R target and got stopped on 2018-12-19 03:00:00.
The stock GL printed a bearish Down Gap Side by Side White Lines on 2017-03-21. It confirmed on 2017-04-12 (meaning price closed below entry level). It retested the trade entry level on 2017-04-20. Then it failed to reach the 2:1 R/R target and got stopped on 2017-07-14.
The stock XOM printed a bearish Down Gap Side by Side White Lines on 1985-07-01. It confirmed on 1985-07-23 (meaning price closed below entry level). It retested the trade entry level on 1985-07-24. Then it failed to reach the 2:1 R/R target and got stopped on 1985-10-01.
The stock USB printed a bullish Up Gap Side by Side White Lines on 1977-11-15. It confirmed on 1977-12-07 (meaning price closed above entry level). It retested the trade entry level on 1978-01-31. Then it successfully reached the 2:1 R/R target.
The cryptocurrency pair XVG/BTC printed a bearish Down Gap Side by Side White Lines on 2018-11-21 09:00:00. Unfortunately it invalidated on 2018-11-22 07:00:00 before the trade could trigger (it triggered the stop before entering).
The stock FITB printed a bullish Up Gap Side by Side White Lines on 1984-08-15. Unfortunately it invalidated on 1984-09-06 before the trade could trigger (it triggered the stop before entering).
The stock STE printed a bullish Up Gap Side by Side White Lines on 2019-03-19 15:30:00. Unfortunately it invalidated on 2019-03-20 13:30:00 before the trade could trigger (it triggered the stop before entering).
The stock VMC printed a bullish Up Gap Side by Side White Lines on 2018-11-08 16:30:00. Unfortunately it invalidated on 2018-11-09 14:30:00 before the trade could trigger (it triggered the stop before entering).

Want to know which markets just printed a pattern?

MarketTimeframePrinted on
PatternsWizard book - Every Candlestick Patterns Statistics

"Every Candlestick Patterns Statistics", the last trading book you'll ever need!

Pre-register now and receive the candlestick patterns statistics ultimate book for free before anyone else!

"All you need is one pattern to make a living."
- Linda Raschke

Awesome move! We are giving the last touch to the "Every Candlestick Patterns Statistics" book. We are very excited to send it to you right when it's ready. Stay tuned 📈