Runaway Gap – Mid-Trend Confirmation ⚡
📊 The Runaway Gap (also called Measuring Gap) occurs during an existing strong trend — confirming the trend’s continuation.
✅ Formation:
Appears mid-way through a strong uptrend or downtrend.
Price gaps in the trend direction with rising volume.
No reversal signs visible on next few candles.
✅ Meaning: Market enthusiasm continues → momentum strong.
📌 Example: Stock already up ₹620 → ₹720, then opens gap-up at ₹735 and closes ₹755 → Runaway Gap → trend continues toward ₹800.
🧠 Tip: In uptrend, the distance from breakout to gap ≈ same as from gap to final target (projection technique).
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