New day opening gap

The idea

A difference between a defined daily reopen and prior close; session definitions must be consistent.

Try the scenario

Compare the relevant exchange open with its prior close.

Check your understanding

Which statement is supported by this definition?

• A difference between a defined daily reopen and prior close; session definitions must be consistent.
• This concept guarantees the next five candles.
• A gap must be filled during the next session.

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