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Breakout gaps occur in the opponent’s zone and it is significant for trend reversal. It occurs with a heavy volume. An important character of this gap is that it won’t be filled for a long time. But they get filled at sometimes. It is a rare occasion and we have an example here.
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
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Hi,
Your point of view is right
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