Breakaway Gap β Start of a New Trend π
π The Breakaway Gap forms at the beginning of a major trend and signals a decisive shift in market sentiment.
β
Formation:
1οΈβ£ Appears after a long consolidation or sideways phase.
2οΈβ£ Price gaps up (in uptrend) or down (in downtrend) breaking key support/resistance.
3οΈβ£ Volume is unusually high during the gap day.
β
Meaning: Start of a fresh trend β smart money entering.
π Example: Stock consolidates βΉ720ββΉ740 range for weeks, then opens gap-up at βΉ760 with strong volume and closes βΉ780 β Breakaway Gap β trend begins.
π§ Tip: These gaps often donβt get filled quickly, showing genuine momentum.
JAYBARMARU
#WatchOutFor
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