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Anpu
Jan 20, 2020 8:25 AM

BTCUSD | Common Gap Long

Bitcoin FuturesCME GLOBEX

Description

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Initiate Long.

Entry - 8.740
TP1 - 8.930
TP2 - 8.979
TP3 - 9.071
SL - 8.690

Reason: Common Gaps usually close within a week. Also the Gap was formed inside of ascending channel, if price will start filling gaps it will return to ascending channel and might test previous resistances. Our position will be initiated only if we cross above support.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.
Comments
leroyhilt25
The gap was made because of the big progress bitcoin made now its time to fill the gap and pass the 10k mark
UnknownUnicorn2760874
good job
BTCINVESTING
yes, gap will filled.
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