Last week saw the largest decline in markets since the rally of the March low and in doing so created an Island Reversal Pattern which is a bearish type of chart pattern. Island Reversals form when price creates a gap up during an uptrend, holds above the gap level for a few days, and then reverses back to the downside while creating another gap on the move down...
- The cup and handle idea played out as per plan - Both gaps closed.
Going long some $105 calls. Not trading advice. Goodluck. JPM
just at a glance, correct me if im wrong..
WE CONFIRMED THE 2ND TARGET AT 9.5K AND ALMOST REACHED THE 3RD AT 10K!!! ASTONISHED BY THE SUPRISING POWER OF THIS SHORT (I WONDER IF MID AS WELL) TERM BULL TREND! CME FUTURES GREAT REFFERENCE!!! Please Guys! Let me know your opinions! Don't hesitate to comment! than you so much!! LOVE AND GOOD LUCK!! ENJOY!! PREVIOUS IDEAS: ENJOY!!
Picked up some 5/29/2020 50$ calls, basis .14$. Let 'er rip! Lotto risk only!
As i see there are small gaps in 1H totaling around 95-105$, effectively 1% of current BTC Price. Do you think 1% unfilled gaps can be filled or can be left out in Halving Fomo? Any probability suggestions or ideas, Please do let me know. Thank you.
With the SPY losing traction im thinking we do one jump up back to $296 and then a straight shot back down towards $255 we have yet to fill the gap and as we always know, gaps are always going to get filled i think that once we reach that $255 gap its back to ATHs until Q2 where earnings might be a lot worse than people are anticipating especially with Disney...
Hello ! Key points : Support : important zone on weekly chart, amplified by breakaway gap, previous resistance on daily chart Pullback 50% Fibonacci Exhaustion gaps coupled with higher trading volume Despite the market drop on friday, it held the support The support is on an important zone on the weekly chart, which explains why the breakaway gap formed....
In blue colour are all the daily gaps of the index. If it manages to close the one at 2899 and then A=C then it reaches the lowest gap which is between 0.382 and 0.50. Magic
Good morning traders, Starbucks NASDAQ:SBUX hit a very strong Trend-line. We connected two points that are several years away and it's really interesting because it really stopped the market! This analysis contains not only a description of the current situation but is also partly EDUCATIONAL. The video content is as follows: 1. Market Profile...
TVC:SPX Interesting to see two recent levels have been gapped over in a short period of time. This has been a 26% rip rally so far on low volume and accumulating around the 50 fib line on the hour chart. Are we headed down from here?
I know lots of people don't care about gaps, but I saw this BIG gap recently and thought "Could it ?..." ... We all know what happened next. I'm just saving this just in case... Could go searching this 2900 gap aswell.
A look at the S&P 500 hourly chart shows numerous gaps created and filled, with most rejected, as price made a series of new lows at the open of each new trading day. Nearly every gap so far has been filled followed promptly by more selling. Friday’s record 10% move up on the state of emergency declaration saw price stop right at the most recent gap-fill level...
will be looking for shorts soon, tp at gap close
This video was more for a few of my friends asking me how I use Daily, Weekly, and Monthly Gaps for intraday trades. In my opinion, they are support and resistant zones. Combine them with trend channels and correlate between a top, middle, or bottom of a channel with a gap and it gives you I think a stronger direction indication. I combine the W5T Elliot Wave,...