Bearing in mind my amateur charting status.
Tap has gapped up and now twice tested the gap.
Considering all positive indicators support TAP continuing the uptrend such as the SMI nearing an upward divergence and the MACD buy signal and bullish divergence. which occurred o the 10/7 continues upward. I will stick my neck out to indicate that TAP may be indicating an upside Tasuki Gap.
If tomorrow brings a higher close then this will have been confirmed. If not and it gaps lower then we may have two abandoned babies.
What's your thoughts Madmacs? I am bullish about this indicator.![]()
Bearing in mind my amateur charting status.Tap has gapped up and...
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