TradingView
vishnu76
Jul 15, 2020 6:18 PM

ONGC LONG FROM THE DEMAND ZONE PRO GAP AREA Long

OIL & NATURAL GASNSE

Description

HIGH PROBABILITY FOR PRICE
TO BOUNCE FROM THIS AREA,
BECAUSE THIS IS PRO GAP AREA.
BUY 74.5 STOP 72.2
TARGET 77

Comment

I THINK WE MISSED ENTRY BY FEW PIPS. LOOK AT THE REACTION FROM THE ZONE. ROCKETING...
Comments
samarcal123
Bhai what is,a pro gap area?
vishnu76
@samarcal123, there are 2 types of gaps. Pro gap and novice gap. Pro gap means gap caused by professionals and novice gap is created by novices. Professional s will be able to change the direction of price with a gap. But, novice gap is either caused by fear or greed. It is clearly visible in the chart if you know what you are looking for.
samarcal123
@vishnu76, thanks a lot. i will investigate further.
More