Hello👨🏻🏫, dear traders from all over the world🗺️. I'm Pejman🙋🏻♂️ & welcome🌸 to one more educational adventure🧭 in Tradingview, but we will not be traders💹 today; We want to look at our charts like a hunter🏹. We look for every clue🐾 we see so that we can hunt suitable positions💱 like valuable creatures💰 and transfer them to the cages as our accounts💳 or...
The gap theory is short and simple. Not everything needs to be lengthy and laborious. "Everything should be simple as possible, but not any simpler" Break-Away Gap Once a new cycle has begun and you see a breakaway gap in the STARTING of a move, you get confirmation of this new cycle. HOLD. Run-Away Gap Once the trend is continuing for some time and...
Three types of gaps: Breakaway, Runaway or Measuring Gap and Exhaustion Gap. Runaway gap or Measuring Gap: It can be a gap or series of gap in the middle of a trend (uptrend or downtrend) – We can use this gap to measure the remaining move just doubling the amount already achieved since the start of the trend It moves with moderate volume It is a sign of...