What do I mean when I use the word GAPS9.4.23 I know that my use of the word gaps Is a typical And that I am looking for something that's complicated than a simple one bar gap. I know that it has to do with my way of looking at the market to define Buyers and sellers. Buyers are at the bottom trying to push the market higher and sellers are at the top trying to push the market lower... and I am looking for how the market Comes back to retest either the buyers or the sellers depending on how the Market's moving. I view this as more than just one single bar that gaps. I even can call a gap one bar Moving higher or lower and there really Is not actually a gap per se.... it's probably more of a range and a continuation in a certain direction and I would think of that as part of the gap. there's probably a much better way to explain the behavior however from my point of view it's an effective way to determine how markets will auction higher and lower with me thinking about failures of markets to test gaps in either direction that gives me more reassurance on how I can come to a better trade decision. One way I define market behavior can take in the bullishness of a swing that is moving higher that would give me the sense that the market was going to continue higher versus A market that is Moving higher but isn't closing where the market gap lower from the Sellers that changes my perspective that the market may go lower If the current bar Starts moving lower before it can come back to touch the bearish gap that was made at an earlier time. The same is true if the Market's moving lower towards the buyers.
What's going on Is that I have a feel for the market as I think it will move and how that will look as I think about buyers versus sellers. And the same thing happens when I use the terminology to bar reversal. this is why I try to show numerous examples in real time as much as possible.If I were younger I would probably have a better way of articulating what I see.
