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Measured and Exhaustion Gaps
Identifiable Patterns After Confirmation Move
We have previously mentioned the three types of gaps that are of relevance to
investors - the breakaway gap, the measured (or continuation) gap, and the
exhaustion gap. We previously discussed the breakaway gap, but it is
important to discuss the measured gap and exhaustion gap at the same time.
Why? Because it is difficult to tell one from the other until after the fact.
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Happy Trading,
Nirvana Systems
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