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Hi Twinvest - with gaps there's a thing called an open fill and a closed fill. The consensus on what a fill is now is different to a lot of the old school thinking. The most common view is that all area must be covered.

So where the scenario is that you have a high at 30 and a gap up to the next low being 32, any retrace that runs down to 31 is considered an open fill (open meaning that while all price points are accounted for there is still 'air' present on the chart).

In the same scenario when price retraces to 30 without a gap, so all area is covered, then that's a closed fill. The terminology in 2014 is pretty rare, when everyone talks of a fill it's basically always a closed fill.

The other important thing with gaps to remember is that it isn't just about the fill. There are many types of gap that exist. What appears and where can reveal a great deal about a trend or consolidation. Even with common gaps, just as bar types give important information regarding momentum and support/resistance levels, so do gaps.

Anyway I'm starting to write what I was going to in the charts thread so I'll save the rest for there.

Cheers