Price Bar Reversals (4 of 9) - Open Close Reversal

[snookermark]

Isnt this also an exhaustion gap?

[YourTradingCoach]

Hi snookermark,

An exhaustion gap need not include an open close reversal price bar, on your trading timeframe. Essentially it involves a gap, often on climactic volume, which subsequently fills. The actual bars/candles could display a different formation.

However, you're right in that if you change timeframe, you could quite likely find a t/f in which the exhaustion gap price bars form an open close pattern.

Good observation.

Cheers,

Lance.

[YourTradingCoach]

Hi zozo71zozo71 & 1stavros1,

Thanks for your feedback. Glad you liked the video. There's more to follow in coming weeks.

Cheers,

Lance.

[1stavros1]

good stuff

[zozo71zozo71]

nice........