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[DollarsOnPennies]

gaps: When there is no price action between two consecutive sessions. For example, a rising gap on a daily chart is when today's low is above yesterday's high. A falling gap is when today's high is below yesterday's low. They are three main gaps, exhaustion, midway, and breakaway. An exhausting gap is a gap that occurs at the end of an important trend. A midway gap, also known as measuring gap, occurs in the middle of the move. A breakaway gap is when the market gaps over a significant resistance area or under a major support area.