This likely reflects growing common knowledge of this fascinating sup-res point. Don't allow this whipsaw phenomenon to negate these profitable trade setups. Entry at the far side of the gap offers very low risk as long as volume remains flat. Or wait for price to remount resistance and execute as the gap recloses. Continuation gap trades provide high probability entry but remain aware that the subsequent swing will likely fail before it again tests the Exhaustion gap.
Deep pullbacks face an extended period of price discovery as trend volatility dissipates.
Longer-term positions can survive this process but swing trades may not. Use Trend Mirrors to target an acceptable reward before choosing to execute a gap trade. Exit quickly on the first reversal thrust unless patience allows an extended position. These two types of gaps rarely fill on the first try.