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Jul 6, 2015 5:51 AM

EURUSD: Greek say NO , and the GAP. What next ? Short

Euro Fx/U.S. DollarFXCM

Description

Ok, I go into the detail immediately.

Greek referendum: NO vote wins. Greek don't accept conditions of creditors.

It means the Grexit become more likely, and Greece abandons Euro could happen.

Last week, when PM Tsipras failed in convincing creditor about the bailout, EURUSD open the trading week with a wide gap: 200 pips, but after that it filled the gap quickly. I lost 90 pips cause of the gap filling.

Today, when the result of referendum is released, EURUSD once opened with a GAP.

The question is: I the gap filled ?.

In my opinion, I don't think the gap could be filed totally.

I don't think Euro moves higher.

I watch Kumo cloud of Ichimoku pattern.

EURUSD bounced from the ground of the cloud.

I wait the move below Kumo cloud to confirm for the downtrend.

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