My gap fill to 95% was thwarted by a nice woman who explained to me why stablecoins will prevent a gap close. So far, she's right. The ratio came down and bounced off the bottom of it's localized bull fib. If you zoom in, you can see how it played in the fibs on the daily candle.
It can punch through and fall out to another touch of the Macro bear fib, and then go for 95%. Or maybe we get a legitimate bounce off the bottom of this micro fib. I'm not married to an outcome either way. I just wanted to bring it to people's attention that a 95% gap-close is a distinct possibility.
It can punch through and fall out to another touch of the Macro bear fib, and then go for 95%. Or maybe we get a legitimate bounce off the bottom of this micro fib. I'm not married to an outcome either way. I just wanted to bring it to people's attention that a 95% gap-close is a distinct possibility.
Penafian
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Penafian
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.