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Tagged: Gap
Gap appears in candlestick pattern when the opening of the present day is far from the previous day closing.
The gap can be found in candle stick charts.
It is basically the difference between the previous day closing and present day opening.
Gap analysis indicates the strength of the trend. It occurs due a sudden surprise over a day. Gap is usually defined at the ratio of present day opening to the prior day closing.
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Gap appears in candlestick pattern when the opening of the present day is far from the previous day closing.</span>
The gap can be found in candle stick charts. It is basically the difference between the previous day closing and present day opening.
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