Overnight slump below support will leave a gap in the market...
And currently printing a lower wicked candle below support - signalling buy pressure.
As I covered in the video; very fast dumps more often complete not begin waves.
At my local sports club I am being asked about the "Trump crash" that they heard of in the news and will this be the "big crash."
Obviously this is because the news told them of the enormous overnight losses.
This is a buy signal I think.
And the overnight slump will likely prove to be an echo / ripple of Friday smackdown.
The out of hours gap would appear to increase the odds of a bounce and less likely to be a Breakaway Gap 👍.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
And currently printing a lower wicked candle below support - signalling buy pressure.
As I covered in the video; very fast dumps more often complete not begin waves.
At my local sports club I am being asked about the "Trump crash" that they heard of in the news and will this be the "big crash."
Obviously this is because the news told them of the enormous overnight losses.
This is a buy signal I think.
And the overnight slump will likely prove to be an echo / ripple of Friday smackdown.
The out of hours gap would appear to increase the odds of a bounce and less likely to be a Breakaway Gap 👍.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.