Close Gap CPR Up

Close Gap CPR Up

A Close Gap CPR (Closing Price Reversal) Up occurs when the close of bar 2 is below the close of bar 3, the low of bar 1 is above the close of bar 2, and the close of bar 1 is above the high of bar 2.


Reference: Hill, John R. Stock & Commodity Market Trend Trading by Advanced Technical Analysis. Hendersonville, North Carolina: Commodity Research Institute, Ltd., 1977.