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18/10/19
14:06
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Originally posted by schura
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Beautifully put upside down. Nearly fell off my chair at that comment. (laughing that is)
When will people get over "gaps"?
It's completely irrelevant - an old wives tale.
"But it happens"
Maybe i could invent a theory that SP will come off its highs by 10% - that happens more often than gaps being filled.
Gap filling is complete fiction. A "gap" is just a price point that may or may not be hit during SP fluctuation. Nothing more significant than that
Rant over
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I don’t believe gap fill is fiction but it is important to identify what type of gap is left behind on the chart below is a link to gap types time to fill and percentage fill rates
http://thepatternsite.com/gaps.html