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Common Gap

The Common Gap appears in sideways price ranges, usually filled quickly. Has no predictive value.

GAPCloseOpenCommon Gap: No significance → Filled quickly

Pattern Details

Category

bilateral

Success Rate

0%

Average Move

0%

Duration

1-3 sessions

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Appears in trading range
  • 2
    No clear trend
  • 3
    Usually filled within few sessions

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Should not trade based on this gap
  • ✓
    May fade (trade against) the gap
  • ✓
    Filling the gap is the target
  • ✓
    No predictive value
Trading Tips
  • Most common type of gap
  • Usually appears in sideways markets
  • Low volume

Statistics

Breakout Statistics
Bullish Breakout50%
Bearish Breakout50%
Performance Metrics
Average Rise+3%
Average Decline-3%
Pullback Rate80%