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Gap is formed after a Non trending area with high volume at break out
AREA GAP
TRADE PLAN
TREND- BULLISH
SYMBOL- BHARTI ARTL
ENTRY- 433
SL – 423
TARGET- 452
Mam, How can you enter into trade at 433 without knowing there will be a gap next day.? And I doubt, whether we could mark positions during an area gap.
@Eqsis, Sir can I call this gap as an exhaustion gap? And shouldn’t the gap be marked from open price to open price?
Mam, exhaustion gap is not visible in eod chart, only if u follow the daily charts. Area gap is appeared after a non-trending zone between that area gap is formed, i accept my risk reward ratio is not favourable.
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