Monday, March 06, 2017 3:12:46 PM
Exhaustion gaps according to Bulkowski:
Happens at the end of a trend on high volume.
The gap is not followed by new highs or lows, and the gap may be unusually wide.
After the gap, price consolidates or reverses direction.
Commonly occurs after continuation gaps.
Exhaustion gaps usually close within a week.
Happens at the end of a trend on high volume.
The gap is not followed by new highs or lows, and the gap may be unusually wide.
After the gap, price consolidates or reverses direction.
Commonly occurs after continuation gaps.
Exhaustion gaps usually close within a week.
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