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PrepForProfit
May 17, 2019 3:19 AM

BTC Gap Fill  Short

Bitcoin FuturesCME GLOBEX

Description

Still looking for a gap fill on CME futures.
Comments
veta
Looks like we have a new gap today? Why does the gap need to fill?
PrepForProfit
@veta, Gaps don't always fill, depends on the price action associated with them. BTC futures traders have filled nearly ever single gap on the daily chart since futures trading began though so it's a safe bet that large gaps are going to be filled every time, whether a quick wick like we saw recently or a slow drawdown. Crypto charts don't usually have gaps since the markets run 24/7, but BTC futures charts will show gaps since futures markets are closed on weekends and holidays. Google "gap trading" to learn more about gaps.
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