Which gap to keep

Most of the boxes on your chart are already dead. How to tell which ones to delete and which one is worth waiting at.

Gaps are everywhere, so the real skill is throwing most of them away. Two rules delete, one rule keeps.

Price went straight through it

If price has traded all the way through the box and out the other side, the box is finished.

The empty range was the reason to be interested. Once price has crossed every price inside it, that range is no longer empty and nothing is waiting there.

Figure 1 · Two gold panels: on the left price closes straight through a shaded box and keeps falling, marked deleted, on the right an untouched box under the swept high at 2,431, marked kept

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