GAP ANALYSIS IS ONE OF THE MOST UNDERRATED STUDY AMONG THE TRADERS...EITHER BECAUSE OF ITS NATURE OF SIMPLICITY OR IT MUST HAVE FAILED TO GENERATE ENOUGH INTEREST...I WILL NOT DWELL UPON THE THEORETICAL PART AS MOST OF YOU MUST BE AWARE...IN SIMPLE TERMS I WOULD HIGHLIGHT THE CRUX ..."NO TRADE- PRICE RANGE" THAT MEANS IN THAT PRICE INDEX HAVE NOT TRADED...AT ALL...SO LETS ANALYSE.THE SWING FROM MAR -TILL DATE ARE IN TWO PARTS...FIRST LEG DOWNTREND AND THE SECOND LEG UPTREND...IDENTIFIED THE GAPS...AND SCRATCHED OUR HEADS....EUREKA!!! UPTREND IS CLEARLY FILLING THE GAPS OF THE DOWNTREND....SO GAPS CERTAINLY GET FILLED WITH TIME...BUT WHEN??? SO THE NEXT QUESTION?? THE TWO GAPS AT THE TOP IN THE CHART WHICH AWAITS TO GET FILLED ARE THEY NEXT???IS THAT SO??? AS PER HURST CYCLE...PEAKS/ CREST AND BOTTOM/TROUGH IN ANY MARKET USUALLY OCCURS IN CYCLES..."A SUCCEEDING SWING FILLS GAP OF PRECEDING SWING"...GAPS ARE GAPS.."CHOTA BADA KUCH NAHI HOTA" AND U WILL AGREE WITH ME...BUT IRONY GAPS CREATED AT THE BOTTOM DURING MID APRIL IS STILL UNTOUCHED...WHY??? I THINK TO SCREW US AGAIN..THINK OVER IT.
ANALYSIS IS PURELY FOR EDUCATIONAL PURPOSE...AS SUCH U CANT TRADE WITH THIS DATA POINTS!!!JUST JOKING
REGARDS...
ANALYSIS IS PURELY FOR EDUCATIONAL PURPOSE...AS SUCH U CANT TRADE WITH THIS DATA POINTS!!!JUST JOKING
REGARDS...