4 Comments
  1. Suresh Surulimuthu 4 years ago

    @c-hasan
    I doubt this is the perfect example for exhaustion gap. Please re-check the characteristics of the exhaustion gap.
    1) The gap appear after a trending zone seems to be a runaway gap, but, if it get filled on a same day then it can be considered to be exhaustion gap.
    2) The close should be at its day’s low during runaway gap.
    3) The volume should be very high during the day to terminate the existing trend.

    The exhaustion gap is difficult to spot because the gap the filled on the same day. But it can be identified with color of the candle.
    As per my understanding, exhaustion gap can be identified by a red candle after a uptrend which opens gap up and closes the gap. In the down trend it will be a green candle opens gap down and close the gap.

  2. Maruti Patil 4 years ago

    nice spot

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