WickCheck / Trading school / Weekend gap
Weekend gapIntermediate
The jump between Friday's last price and the first price after the weekend.
What it means
Many weekend gaps get filled during the week, which some traders test as a simple strategy. Gaps are bigger after weekend news.
How to spot it
- Compare Friday close with Sunday open.
Common mistakes
- Assuming every gap fills, and on the same day.
Related terms
New week and new day opening gapThe gap between Friday's close and Sunday's open (NWOG), or between one day's cl…Liquidity voidA long, one-directional run of candles with little trading on the way, often a c…RangeSideways price between a clear high and low, with no trend.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.