Category:HG
Huge gap. Generally, a big gap is a gap that is around 50% - 100% of the daily range, a huge gap is a gap that is much bigger than 100% of the daily range. A big gap increase the odds of a trend, while a huge gap increase the odds of TR. According to Ali, there is 85% chance the day will be TRD after a HG, according to Al Brooks[1], TR after a big or huge GU has 60% chance of bullish bias, i.e. a BBLCH, vice versa.