Patterns › Gap down
Market structure
Gap down
Price opened below the previous candle's low. It jumped down between the two candles.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 798 | 38% | 59% | 4% |
| United States | 1,126 | 34% | 63% | 2% |
| Japan | 1,223 | 38% | 60% | 2% |
Counted on real past charts by the Trading Class research engine, 3,147 cases in all. Past odds, not a forecast.
How to practise it
Find the gap. Then decide: buy, sell, or wait? In the app, 36 real examples of the gap down wait for you across 3 markets, and you say what happened next before the chart shows you.
Lesson: Gaps up and gaps down.
Related
Support bounce · Resistance rejection · Breakout · False breakout · Gap up