EXPLAINED: Runaway Gap

LESSON OF THE DAY

Runaway Gap

A Runaway Gap is a continuation move where the price gaps in the middle of a trend e..g Up or Down.

The gap is a void (where no prices overlap between two candles)

And then the price follows the previous trend.

I like to think of a Runaway Gap as a horse that goes from trotting to galloping.

The trend then starts to accelerate and continue in the direction.

Specifics for this example:

· Previous price moves in a downtrend.

· Price then gaps.

· Price then follows the continuous downtrend.

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