Image6482019.jpg Runaway Gap Some technical analysts have definition helps to remember that \"How much did it come? It will double further.\" This is because the runaway gap is a gap that will occur in the middle of the movement. For example, suppose The price has moved up from the €100 level (after the breakaway gap) and has continued to move up to the second gap (runaway gap), assuming the €150 area. Would be able to predict that the price target (target) or resistance will happen It will be around €50 after the runaway gap, or around €200, because the runaway gap will occur in the middle of the movement. And because such a gap can be used as a distance measurement aid. Mobility Hence it is also known as measuring gap. In this runaway gap situation, it is said that only the normal volume It can make the market move easily, which in terms of Uptrend means that after this gap, it can continue to move. But on the other hand, if it is a downtrend, it will undoubtedly go down. Like a breakaway gap, in the case of a runaway gap, it can act as support and resistance, but it should be noted that If this is a real signal, the gap must not be closed, meaning that prices in the coming days must not move down to close the gap in the event of an uptrend. Because when the gap is closed the resulting signal Will go in the opposite direction, that is, from the original that I bought will be sold instead. runaway-gap-chart.jpg
19_2_eab104de75.png Breakaway Gap usually occurs after The price formation has been completed. And is often the starting point move significantly For example, the price moved down to test the neckline (after forming a head and shoulders pattern). Pronounced Or in case the price breaks down the major uptrend line, this type of gap is also called a breakaway gap. Beginning of a significant decline. However, it is worth noting to consider whether such a gap is significant. (or is it a fake signal) should use the volume to help determine because if it\u0027s a real signal The volume is quite thick. Also, to ensure that this is a real breakaway gap, price action will not be able to close the gap. With price movements in reverse There is a possibility that the signal is a fake signal. In addition to the above Some traders are probably thinking that this breakaway gap will serve to Is it support and resistance? The answer is yes, because the breakaway gap during the uptrend will act as support If the market is declining, on the other hand, the breakaway gap in the downtrend. Will act as resistance If the market rebounds. Breakaway-Gap.png
FWKa3IZVEAEyqnm.jpg There is another form, gaps, which some people call windows or gaps pattern. In fact, it is definitely not a continuous pattern or a reversal pattern. Well, it can be in many ways, both continuous and reversal. What will this gaps pattern look like? How to notice And what can it tell us? I\"ll take you to find out. The word gaps as we all know that it means gaps or empty spaces, which in technical analysis has the same meaning. Only there is a little more indication that The gap is a result of buying pressure (demand) and selling pressure (supply) unable to set prices. Compared to the price range of the previous day And until the buying and selling pressure meet, it will cause the agreed price. Stay away from the price range of the day before going out. And price movements that day can\"t come can close that gap Therefore, when we look at some of the graphs in the analysis, we can see that it looks like a gap. Can you imagine today\"s open price If it is above yesterday\"s high for a while, you will find that it will undoubtedly create a gap. And price movements that day did not come down to close the period or vice versa If today\"s highest price It is below yesterday\"s low for some time. You will probably know that. That range is that gaps themselves. Usually, gaps in an uptrend are a sign of market strength, while gaps in a downtrend are a sign of market weakness. However, there are different types of gaps. Some are important, some are less, and gaps can be closed in some formats. As a result, the significance of these predictions varies. I would like to explain to you the types of gaps and the meaning behind each gap. There are generally four types of gaps: Common Gap, Breakaway Gap, Runaway Gap and Exhaustion Gap. 19_4_ee371e0a7c.png