It is not a directional indicator rather it indicates the strength in the market. it locates the phase of the trend and due to difference in the trading range it is visible. there are four types of gaps. Area,breakout,runaway and exahaustion gap.
It is not a directional indicator rather it indicates the strength in the market. it locates the phase of the trend and due to difference in the trading range it is visible. there are four types of gaps. Area,breakout,runaway and exahaustion gap.