Closing the gap

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Mind-The-Gap.jpg

When market price 'gapping ' occurs intra-day it's often a sign of a large move upwards in a bull trend and vice versa.
However, when a gap exists between close and open price and it's less than 100 pips the gap is closed a high percentage of times.

This was my short on the DOW today as a great example:
2017-12-05-01-12-26.jpg

These are 4 hour candles and as you can see I had to have faith and wait.

Closing the gap | Ecency