Patterns › Gap up
Market structure
Gap up
Price opened above the previous candle's high. It jumped up between the two candles.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 881 | 40% | 54% | 6% |
| United States | 1,243 | 42% | 51% | 7% |
| Japan | 1,385 | 43% | 54% | 3% |
Counted on real past charts by the Trading Class research engine, 3,509 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 up 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 down