HelloðĻðŧâðŦ, dear traders from all over the worldðšïļ.
I'm Pejmanððŧââïļ & welcomeðļ to one more educational adventureð§ in Tradingview, but we will not be tradersðđ today; We want to look at our charts like a hunterðđ.
We look for every clueðū we see so that we can hunt suitable positionsðą like valuable creaturesð° and transfer them to the cages as our accountsðģ or walletsðļ.
Although I'm not too fondððŧââïļ of hunting, either legally or illegally.
But I know that hunting good positions in the forestsðïļðģ of Tradingview is not prohibitedðâ.
So let's get acquainted with these cluesð as soon as possible because the price is skittishð, and we don't want to waste the hunting timeâģâ .
I said that in Technical Analysis, we look for ways to trade by using the price information, which is recorded on the chartsð. (such as the prey's tracksððū)
Today I want to introduce one of these clues so that you can become a professional position hunterðđ by identifying the cluesð;
But don't forget that you should practiceððŧ, be carefulâ ïļ, and watch your positionsð, so you don't miss them or rush ðïļðĻto the wrongâ positionð.
Today's clue is the GAPS. First, let's see what the GAP isðĪ.
The gap is nothing. I mean, it is something that is nothingðķð.
It is incredibly paradoxicalðĨ! I'm kiddingð, but the space between candlesðŊïļ or bars is called a GAP.
A gap is created when we seeð a price gap between two candlesðŊïļ or bars when the trading volume is highâŦ or lowâŽ. This difference or space between two candles is called a gapðĪðŧ.
It is said that gaps are more valuableâ in higher time frames among the traders, so much coin, much careð.
Gaps, or as the Japaneseð term "windows," are significant for huntingðđ positions, so as hunter traders, we should learn these gaps wellððŧ.
The reasonð§ for creating gaps can be factors such as important positiveð or negativeð news or an increaseðš or decreaseðŧ in supply and demand.
It is interesting to know that gaps are primarily seen in Forex, Stocks, and Commodities (especially when markets close and open).
The spaceððŧ between the candles means that the price has jumped like a rabbitð° from one number to the upperâðŧ different number.
Or, like a monkeyð, it moved from one number to a lowerððŧ number.
I tried to make it funnyð and straightforwardððŧ, but these gaps that move up or down have different types, like the year's seasonsðâïļ.
We have 4ïļâĢ seasons in a year and also 4ïļâĢ types of gaps in the charts.
According to personal tasteð, I relate the gaps to the year's seasons and, simultaneously, do not forget the case of hunting positionsðđð°.
So fasten your seat beltsðš because we want to travel in timeð§ģâģ to all the year's seasons with this postðĐ and learn about the different price gaps, which are one of our cluesðū to trap positionsðŠĪ.
Let's start with the autumnð season because we are still in it and can understand it betterð.
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The name of this type of Exhaustion ðĨą gap.
They are seen at the endð of a process, which means that the process may changeð at any moment.
Just like the autumnð season, it may rainâ anytime after seeing the cloudsðĨïļ.
Another feature of this gap is the increaseð in trading volume, so by paying attentionð to these points and practicing by reviewing the chartsð, you can easily recognizeð this gap.
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The nextððŧââïļ gap is the Breakawayððŧââïļ gap.
The breakaway gap is associated with an increaseâĪīïļ in trading volume.
This gap occurs when a critical range is brokenðĪðŧ, representing a strongðŠðŧ startð trend or a sign of trend change.
Like the bloomingðĩïļ of some treesðģ in winterâïļ or the sproutingðą of plants from under the snowâïļ.
Also, This gap is created when the price starts moving from a limited area, like support or resistance ( I'm going to talk about them in the futureð. )
I have to say that the breakaway gap plays a criticalððŧ role in some of the classic reversal patterns, such as the Head and Shoulders Pattern, Double Top/Bottom Patterns, etc.
When The breakaway gap is combined with Classic Reversal Patterns, the breakaway gap adds to these patterns' validityâ .
If you want to get acquainted with the most important Classic Reversal Patterns of Technical Analysis, I suggest you read the following postð.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Now it's time for springðļð, and I'm going to introduce a gap like spring.
Spring season is a signâðŧ of the continuation of lifeð, and this gap in technical analysis shows the continuation of a trendð.
The Continuation gap is also known as a Runawayððŧââïļ gap, occurring in the middle of a downwardâïļ or upwardâïļ trend.
This type of gap creates a kind of confidence for traders to enter.
It doesn't occur when the price fluctuates or corrects in a limited area but occurs during a rapid increase or decrease.
So, as a result âïļ, if this gap occurs in an upward trendðš, it indicates the continuation of the upward movement.
And when it is created in a downward trendðŧ, it indicates the entry of more sellers and further price decline.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Now we have reachedâðŧ the last gapðĨ°.
This gap is Common, but I should introduce it as the summerâïļ season.
These gaps are very common, And considering the time frame it has, it is expected to fill quickly, which is also called "closing the gap."
The filling or closing of the gap means that the price returnsð to the same area where the gap was created, like a criminal returning to the crime sceneð.
This can be trueâ for gaps as well.
Time flies in summerðïļ, and Common and Exhaustion ðĨągaps fill as soon as a blinkðïļ.
You may have heardððŧ that gaps are always filled, but this is not permanentð ðŧââïļ and only a strong possibilityðĪðŧ.
For example, Continuationððŧââïļ & Breakaway gaps usually take a long timeâ to fill.
But what if the gap doesn't closeðĪ·ðŧââïļ?
Go to any currency pair and examineð the recorded dataðïļ; You will find that many gaps take a year or more to close.
It is interestingð to know that the Japaneseð have another interpretation of the price gap.
They use gaps as continuation and reversal trading patterns (as I said, I'll explain them in future postsðð).
It is interesting to know that the combination of gaps can create the Island reversal pattern.
The Island pattern consists of two gaps; One upâŽïļ and one downâŽïļ.
We will definitelyâ learn more about these patterns in the following postsð, but today we are only focusing on the gapsð§.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Another thing I want to addâ is about the Heikin-Ashi chartsðđ that we learned about in the previous postð.
Gaps are filteredâ in Heikin-Ashi charts.
As I said, in this chart, the average is displayed between twoâðŧ consecutive candles; even candlestick patterns are filteredâ.
So, the type of chart is also essentialððŧ for finding gaps.
Well, I gave you the basic tips to identify these gapsðĪðŧ, and now you can carefully lookð for them in your chartsðđ.
Practice this information for a bit, as I will be back soonð with an educational postðĻðŧâðŦ on how to tradeð° with these gaps.
If you have any questionsâ, you can ask meðŽ.
We will get acquainted with new cluesð in new posts, so until that day, take care of your knowledgeð and increase it every dayð, because according to Kofi Anan:
Knowledge is powerðŠðŧ, and information is liberating. Educationð is the beginning of progress in every societyðïļ, in every familyðĻâðĐâð§âð§.
I hope you become strongerððŧ daily by using your knowledge, and I will also increase your progress by teaching you the introduction.
I wishððŧ you happiness, healthð, and successð.
I'm Pejmanððŧââïļ & welcomeðļ to one more educational adventureð§ in Tradingview, but we will not be tradersðđ today; We want to look at our charts like a hunterðđ.
We look for every clueðū we see so that we can hunt suitable positionsðą like valuable creaturesð° and transfer them to the cages as our accountsðģ or walletsðļ.
Although I'm not too fondððŧââïļ of hunting, either legally or illegally.
But I know that hunting good positions in the forestsðïļðģ of Tradingview is not prohibitedðâ.
So let's get acquainted with these cluesð as soon as possible because the price is skittishð, and we don't want to waste the hunting timeâģâ .
I said that in Technical Analysis, we look for ways to trade by using the price information, which is recorded on the chartsð. (such as the prey's tracksððū)
Today I want to introduce one of these clues so that you can become a professional position hunterðđ by identifying the cluesð;
But don't forget that you should practiceððŧ, be carefulâ ïļ, and watch your positionsð, so you don't miss them or rush ðïļðĻto the wrongâ positionð.
Today's clue is the GAPS. First, let's see what the GAP isðĪ.
The gap is nothing. I mean, it is something that is nothingðķð.
It is incredibly paradoxicalðĨ! I'm kiddingð, but the space between candlesðŊïļ or bars is called a GAP.
A gap is created when we seeð a price gap between two candlesðŊïļ or bars when the trading volume is highâŦ or lowâŽ. This difference or space between two candles is called a gapðĪðŧ.
It is said that gaps are more valuableâ in higher time frames among the traders, so much coin, much careð.
Gaps, or as the Japaneseð term "windows," are significant for huntingðđ positions, so as hunter traders, we should learn these gaps wellððŧ.
The reasonð§ for creating gaps can be factors such as important positiveð or negativeð news or an increaseðš or decreaseðŧ in supply and demand.
It is interesting to know that gaps are primarily seen in Forex, Stocks, and Commodities (especially when markets close and open).
The spaceððŧ between the candles means that the price has jumped like a rabbitð° from one number to the upperâðŧ different number.
Or, like a monkeyð, it moved from one number to a lowerððŧ number.
I tried to make it funnyð and straightforwardððŧ, but these gaps that move up or down have different types, like the year's seasonsðâïļ.
We have 4ïļâĢ seasons in a year and also 4ïļâĢ types of gaps in the charts.
According to personal tasteð, I relate the gaps to the year's seasons and, simultaneously, do not forget the case of hunting positionsðđð°.
So fasten your seat beltsðš because we want to travel in timeð§ģâģ to all the year's seasons with this postðĐ and learn about the different price gaps, which are one of our cluesðū to trap positionsðŠĪ.
Let's start with the autumnð season because we are still in it and can understand it betterð.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The name of this type of Exhaustion ðĨą gap.
They are seen at the endð of a process, which means that the process may changeð at any moment.
Just like the autumnð season, it may rainâ anytime after seeing the cloudsðĨïļ.
Another feature of this gap is the increaseð in trading volume, so by paying attentionð to these points and practicing by reviewing the chartsð, you can easily recognizeð this gap.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
The nextððŧââïļ gap is the Breakawayððŧââïļ gap.
The breakaway gap is associated with an increaseâĪīïļ in trading volume.
This gap occurs when a critical range is brokenðĪðŧ, representing a strongðŠðŧ startð trend or a sign of trend change.
Like the bloomingðĩïļ of some treesðģ in winterâïļ or the sproutingðą of plants from under the snowâïļ.
Also, This gap is created when the price starts moving from a limited area, like support or resistance ( I'm going to talk about them in the futureð. )
I have to say that the breakaway gap plays a criticalððŧ role in some of the classic reversal patterns, such as the Head and Shoulders Pattern, Double Top/Bottom Patterns, etc.
When The breakaway gap is combined with Classic Reversal Patterns, the breakaway gap adds to these patterns' validityâ .
If you want to get acquainted with the most important Classic Reversal Patterns of Technical Analysis, I suggest you read the following postð.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Now it's time for springðļð, and I'm going to introduce a gap like spring.
Spring season is a signâðŧ of the continuation of lifeð, and this gap in technical analysis shows the continuation of a trendð.
The Continuation gap is also known as a Runawayððŧââïļ gap, occurring in the middle of a downwardâïļ or upwardâïļ trend.
This type of gap creates a kind of confidence for traders to enter.
It doesn't occur when the price fluctuates or corrects in a limited area but occurs during a rapid increase or decrease.
So, as a result âïļ, if this gap occurs in an upward trendðš, it indicates the continuation of the upward movement.
And when it is created in a downward trendðŧ, it indicates the entry of more sellers and further price decline.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Now we have reachedâðŧ the last gapðĨ°.
This gap is Common, but I should introduce it as the summerâïļ season.
These gaps are very common, And considering the time frame it has, it is expected to fill quickly, which is also called "closing the gap."
The filling or closing of the gap means that the price returnsð to the same area where the gap was created, like a criminal returning to the crime sceneð.
This can be trueâ for gaps as well.
Time flies in summerðïļ, and Common and Exhaustion ðĨągaps fill as soon as a blinkðïļ.
You may have heardððŧ that gaps are always filled, but this is not permanentð ðŧââïļ and only a strong possibilityðĪðŧ.
For example, Continuationððŧââïļ & Breakaway gaps usually take a long timeâ to fill.
But what if the gap doesn't closeðĪ·ðŧââïļ?
Go to any currency pair and examineð the recorded dataðïļ; You will find that many gaps take a year or more to close.
It is interestingð to know that the Japaneseð have another interpretation of the price gap.
They use gaps as continuation and reversal trading patterns (as I said, I'll explain them in future postsðð).
It is interesting to know that the combination of gaps can create the Island reversal pattern.
The Island pattern consists of two gaps; One upâŽïļ and one downâŽïļ.
We will definitelyâ learn more about these patterns in the following postsð, but today we are only focusing on the gapsð§.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Another thing I want to addâ is about the Heikin-Ashi chartsðđ that we learned about in the previous postð.
Gaps are filteredâ in Heikin-Ashi charts.
As I said, in this chart, the average is displayed between twoâðŧ consecutive candles; even candlestick patterns are filteredâ.
So, the type of chart is also essentialððŧ for finding gaps.
Well, I gave you the basic tips to identify these gapsðĪðŧ, and now you can carefully lookð for them in your chartsðđ.
Practice this information for a bit, as I will be back soonð with an educational postðĻðŧâðŦ on how to tradeð° with these gaps.
If you have any questionsâ, you can ask meðŽ.
We will get acquainted with new cluesð in new posts, so until that day, take care of your knowledgeð and increase it every dayð, because according to Kofi Anan:
Knowledge is powerðŠðŧ, and information is liberating. Educationð is the beginning of progress in every societyðïļ, in every familyðĻâðĐâð§âð§.
I hope you become strongerððŧ daily by using your knowledge, and I will also increase your progress by teaching you the introduction.
I wishððŧ you happiness, healthð, and successð.
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