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investorsal

3,634 Posts.

11/10/16

18:58

Post #: 19782578
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Originally posted by Jako64 ↑

@investorsal

Gap theory is not part of Wyckoff or VSA analysis, and so it isn't something I know a lot about, other than the basic's.

In my opinion and understanding, there is a gap between 2.1cps and 2.3cps, which is quite likely to be filled as there is trading immediately prior to it forming, which makes it an inside gap. These things are often psychological, and when the market knows they are there, price is drawn towards them like a magnet.

You need @Wayward1 , who sadly does not post here very often anymore.
However he did leave a brief but interesting post on gap theory which may help with understanding gaps, and their fill rates.

http://hotcopper.com.au/threads/gaps.2247692/#post-13192010

cheers

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Thanks Jako64.
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