tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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Disagree
At the time of the gap the Resistance was there--still is.
3 days later you have an island reversal.
Without doubt you know this isnt a breakaway gap.
If You were trading this as a breakaway gap then you would have been stopped if you had one.
There was a perfect setup for a short trade when day 2 closed below the gap day.