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
Technical analysts use charts as an important tool to make profits. So, before we get to the point of learning to read charts, find different patterns Must first understand the basic principles of chart creation. candlestick-chart.png You\u0027ve probably seen the technical analysis chart before, and you\u0027ll see that it consists of Multiple horizontal perpendicular bars Each bar is not the same size. These bars are actually a statistical representation of the price that occurred over a period of time. One time period (for example, a day) is represented by one bar. This bar is called Bar, so this technical diagram Sometimes we call it Bar Chart. Length of each bar It depends on the range or the range of the trade. From the highest price to the lowest price, so if that day the price is high or very high, the bar will be long, indicating that the market has a strong swing that day. But if that day, the market seeps not very flashy We will find that the bar is a little short. And if all day trading, it\u0027s at the same price. (or all day, just one trade) the bar will become a point. Because the highest and lowest prices are the same The closing price is also displayed on the bar. Shown as a lobe on the right-hand side of the bar. To help us see and know that Today\u0027s closing price is close to the highest price. Or closes near the lowest price. In addition, the opening price is displayed as a bulge on the left-hand side. So that we can see how the opening and closing are different. What is shown in one of those bars It can give us a lot of information and it\u0027s easier than looking at the raw data. And when these bars are arranged by trading day, we get a Bar Chart, which can tell us a lot more.