Daily Candle Gap Pattern

The analysis includes 2 types of candle actions that create the gap. The gap resulted from the downward movement and the gap created by upward movement.


Downward action candle gap

The gap is considered only, when the lowest value of the previous candle does not overlap with the highest value of the current candle, thus creating unfilled the price action. It only happens in a downward movement.

Upward action candle gap

In this case, the gap is considered only when the highest value of the previous candle does not overlap with the lowest value of the current candle. It only happens in an upward movement.

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