Breakaway gap
Technical analysisA gap out of a consolidation on heavy volume, usually driven by genuine news.
In plain terms
The most significant gap type, and the one least likely to fill.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Gap fill
Technical analysisPrice returning to trade through the range that a gap left empty.
In plain terms
"Gaps always fill" is one of the least reliable claims in trading. Common and exhaustion gaps usually do; a breakaway gap on genuine news often never does.