Carefull taders wh expect bearish below the big gap. Gaps make support, and not allways clsoe completely, sometimes half and done. Sometimes they never close.... and people loose all they got because start sell on rise wich never ends...
my recommendation with gaps, better wait, hedge and wait for the next day close, this way u stay protected. If u dont like hedge, then afford losses and wait untill day close, or confirmation of trend below gap or above.
my recommendation with gaps, better wait, hedge and wait for the next day close, this way u stay protected. If u dont like hedge, then afford losses and wait untill day close, or confirmation of trend below gap or above.
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you can see for example GOLD gap up at 1060.28 ... that GAP still not close ... and a year wating :D carefullNot
you can check GJ cmp, it broke up, closed lower and now that gap is resistanceNot
try sell now gj 138.8 sl at top u will see price drop or tend be more bearishNot
GBPJPYtradingview.com/chart/Dyj8RlMQ/
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does it care if gap up or gap down? yes, gap up tend to be bullish
gap down bearish
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check EURUSD, at 1.12005 week chart, it closed 2 gaps one aftr the other, and broke down crash mode from there.Not
now eu on week chart is leaving some nice gaps open to test support and up, and will tend to test 1.1134 retest those gaps of 1.12005 and break down for some monthNot
gaps on my theory get retested, once at least, so the retest i expect on eu up there on week chart, nothing else in between left open like to hold it down check eu expect support some day 1.06689 - 1.07353 - 1.08018 test and up again test and up again, u can use this as guidance. If u want my indi i created for that, i will sell on mql5, later this year.
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so you know now that apply to all gap independant the size of it.hope u have better trading using this knowledge i share to you
:)
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check eurusd sell now 1.09008Not
GJ will go 139.413 h1 gapNot
big h1 gaps at h1 GBPJPY at 140 big sell from there to close the week gap downNot
eu allready in green pipsNot
this the best LESSON of this yearFeragatname
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.
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.