Gap Fill & Reversal Long Idea

20 Ağu

I am anticipating a strong move through the August Monthly Open, with price sweeping the lows and targeting the 4H gap at 23,303.50. Once that level is tagged, I’ll be watching for signs of a reversal, ideally an inverse head and shoulders formation to shift bias back to the upside.

My target: a clean push toward the NDOG zone at 23,478.00

20 Ağu

İşlem kapandı: hedefe ulaştı

The inverse head and shoulders I was looking for failed to complete, which lead to this setup to where I anticipated price would fill. It ended up RIPPING through that gap. I wish I had held, but solid trade nonetheless. So far no signs of reversals, so this idea is scrapped