CME Futures Gaps Leave Clues - 93.9% chance of closure
CME gap closures are a strong indicator for BTC behaviour because the formed gaps have a chance of 93.9% to be closed.
The last gap was filled to the dollar accuracy - check out the related video idea.
Some math for understanding:
We have a total number of 82 trading weeks on the CME futures. Every week a gap is formed.
The total amount of gaps not being closed is 5.
Percentage of gaps not being closed is therefore = (5/82) / 100 = 6.1%.
The probability of a CME futures gap to be closed is therefore 93.9% as of now.
Conclusion:
We should always consider CME futures gaps to be closed with a very high chance.
Current situation:
We have a new gap formed @ 40935$ below the current price.
The last gap was filled to the dollar accuracy - check out the related video idea.
Some math for understanding:
We have a total number of 82 trading weeks on the CME futures. Every week a gap is formed.
The total amount of gaps not being closed is 5.
Percentage of gaps not being closed is therefore = (5/82) / 100 = 6.1%.
The probability of a CME futures gap to be closed is therefore 93.9% as of now.
Conclusion:
We should always consider CME futures gaps to be closed with a very high chance.
Current situation:
We have a new gap formed @ 40935$ below the current price.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.