The Gap Fill Setup

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Notes on the chart.
Happy weekend.

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ملاحظة

Gap filled without any retracement. It happens, may a times we want markets to follow our plan but it surprises us with its own plan. But I am happy that the predicted direction was right.
Why I did not buy on the gap up was because of unfav. risk-reward.
Anyways there are and there would be many such opportunities.

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ملاحظة

As expected, below 550 the stock gave a quick 5 point move to 545.