Hello👨🏻🏫, dear traders from all over the world🗺️.
I'm Pejman🙋🏻♂️ & welcome🌸 to one more educational adventure🧭 in Tradingview, but we will not be traders💹 today; We want to look at our charts like a hunter🏹.
We look for every clue🐾 we see so that we can hunt suitable positions💱 like valuable creatures💰 and transfer them to the cages as our accounts💳 or...
The gap theory is short and simple. Not everything needs to be lengthy and laborious. "Everything should be simple as possible, but not any simpler"
Break-Away Gap
Once a new cycle has begun and you see a breakaway gap in the STARTING of a move, you get confirmation of this new cycle. HOLD.
Run-Away Gap
Once the trend is continuing for some time and...
What is a price gap?
A price gap appears on the price chart as a blank space, and the blank space represents the time when there was no trading activity in that particular price level.
4 Types of Price Gaps
1. A breakaway gap happens when the security traded in a narrow range for some time, and then the security jumps to a different price level. This indicates...
Three types of gaps: Breakaway, Runaway or Measuring Gap and Exhaustion Gap.
Breakaway gap:
1.At a completion of an important price pattern and generally the breaking of a resistance occurs on a breakaway gap
They sign the beginning of a significant market move
2.Breaking of a major trendline, in a reversal signal can also see a breakaway gap
3.They occur on heavy...
