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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (8840)11/20/1998 10:18:00 AM
From: coug  Read Replies (1) of 44573
 
Scott,

At the end of this up trend. On the 30' ch, I might guess that this is an exhaustion gap as trapped shorts finally capitualate.

Close at upper end of bar.. open below middle, and at end of up move

BWDIK>

Common gap = Open, close equal after no real trend. will be filled.

Breakaway gap= Start of new trend when open, close equal but both at END of bar in direction of move
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