hi saint , does today not qualify as a visual gap as per 60 min flow? .... though agreed with everyone that no change in SAR is required as the level of 3900 is not taken as yet
hi saint , does today not qualify as a visual gap as per 60 min flow? .... though agreed with everyone that no change in SAR is required as the level of 3900 is not taken as yet
For the visual gap the open should far away from the previous day's range. But today's open and low are very close to the yesterday's low. So, it is not Visual Gap.
i posting a chart with two GAPS please compare this two ... if we have a situation like the first GAP in the chart then we may use this rule which you are saying
Thanx Satya........the first oval above is a huge move down and a gap down way away from the prev day's price levels.That is when the First Bar +20 comes into play.
Today's:Those criteria were not met,so that scenario does not come into play today.....
So,trade as always as per Pivots,blah,blah,blah.......everyone already knows,I guess.