STI formed head and shoulder in somewhere mid of September. It has a clear break out from its H&S neckline with a breakaway gap. Subsequently it has numbers of runaway gaps. 16-Oct, it hit the H&S TP with an exhausted gap. Two days later, it revert and have a reversal breakaway gap.
Gaps are trend enemy. Gaps have the similar problem with "open high close low". In the market out there, there are numbers of professional traders who love especially this kind of gaps (refer to chart). They are specialize in playing gap and I called them "Gap Specialist". They will find ways and tactics to fill those gaps. Hope that the specialists do not create another set of gaps while they are patching those upper side gaps.
Gaps are trend enemy. Gaps have the similar problem with "open high close low". In the market out there, there are numbers of professional traders who love especially this kind of gaps (refer to chart). They are specialize in playing gap and I called them "Gap Specialist". They will find ways and tactics to fill those gaps. Hope that the specialists do not create another set of gaps while they are patching those upper side gaps.
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