EQSIS PRO

ABB | Breakout Gap – Filled

The sideways trend followed by a bullish Breakout gap is witnessed which is filled up by a near term (due to the selling pressure).

The volume on the gap day is found high as the criteria says.

As the conditions of the break out gap are met, we do usually take the long position here, but unfortunately the gap is filled by near term and the sellers started showing their strength? How can handle this situation?

I agree that the gap is not quite significant, so can we ignore this spot?

If this spot can be considered, the target will a not achieved one.

 

Exit mobile version