Gaps in Day Trading Charts (Ku)
Most experts warn against entering a position after a gap has appeared on the candlestick charts but sometimes they can be used as support or resistance.
Heavy Buying then a Gap Up Followed by more buying.
Day Trading Psychology Of A Gap
1. Gaps are strange things that take place in the market. If a price suddenly moves with a jump like this it can always move back with a similar jump. Because of the unpredictability of gaps traders often wait to see what will happen before entering.
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