Derek Bester

Lesson 3: Gaps

Most candlestick signals are trend reversals. There are however a group of candlestick patterns which are continuation indicators. The continuation pattern reviewed in this education post is GAPS. The Japanese commonly refer to a gap as a window. Whereas the Western expression is “filling the gap”, the Japanese would say “closing the window”. Definitions A …

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Global Markets took a Breather

News in Brief Bloomberg: Tesla’s loyal retail fan club set to rev up stock’s recovery. MarketWatch: Shanghai starts coming back to life as COVID lockdown eases. Australia’s economy grows strongly in Q1, but outlook appears bumpier. HP sales, earnings beat estimates despite ‘volatile macro environment’. Markets took a breather as they are in overbought territory. …

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