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Replies to post #104865 on Triple 000 and Sub-penny Chart Plays
trader53
12/18/16 4:46 PM
#104866 RE: trader53 #104865
Gaps form when opening price movements create a blank spot on the chart. This occurs when the high of the day is below the low of the previous day or when the low of the day is above the high of the previous day. There is an old saying that the market abhors a vacuum and all gaps will be filled. Gaps are a significant technical development in price action and chart analysis, and should not be ignored.
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