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In technical analysis, GAP represents an area where no trading takes place. It can be seen only in candlestick charts.
It appears due to difference in trading range.
Gap in technical analysis is the non traded zone in between yesterday’s closing price and today’s opening price
GAP:
GAP is the space between the previous day’s closing and the next day’s opening.
It can be identified by using candlesticks chart.
It is used to determine the trend and the way in which market will be taken forward.
GAP is to identify the strength of the market and strength of directional movement.
A gap in a chart is essentially an empty space between one trading period and the previous trading period, a gap represents an area where no trading takes place.
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