A gap is a space in a chart usually formed when the price is changed dramatically.
Also, called a “runaway gap” where the chart gaps up or down and does not pullback or retrace before continuation.
When price gaps up or down and the gap is quickly filled validating the trend.
When the 50-day moving average crosses the 200-day moving average.
Candlestick that shows exhaustion. Long wick at the top with open and close near the bottom.
GDP stands for gross domestic product, or the total value of the goods and services produced in a country over a specified period. It is used as an indicator of the size and health of a country’s economy.
Bullish candlestick. Continuous buying pressure from open to close, closes without wicks.