Cavex

EUR/USD Possible Gap at Open 1HR/60 min Trade plan

FX:EURUSD   Euro / U.S. Dollar
322 3 0
My Plans:
If price opens Gap Down below 1.3500
Looking for a short off of a rise back up to 1.3500 Then to down to 1.3400
Looking for a short off of 1.3450 or down to Strong support at 1.3400 area
Looking for a Long off of 1.3400 area of strong support.
"I'm just sayin."
Doesn't have to happen this way but if it does, I'm There!
My reason for expecting (hoping for?) a gap was the impulsive 1hr candle (more than a 1% move on 1 - 1hr candle) that took price up more than 120 PIPs on Wednesday but almost came back below 1.35 and still below 1.3535 on Friday's close. I was hoping the market would have found itself too high ahead of itself over the weekend and corrected it's impulsive move of Wednesday evening and therefore creating a gap. But since this plan didn't not happen the way I was expecting, or hoping, I didn't not take a gap-down trade on Monday. But there are some levels I still like on this chart.
Reply
why did you expect a gap? I'm curious what signs you look for that infer a gap. thanks
Reply
Gap Up? Whoops.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out