Hey there,
there is a gap, which you already noticed I guess! Though for beginners it might not be that obvious as it appears to you!
Gaps are happening, because when closing and opening markets, especially when there is a huge move in either direction, price action appears at certain levels below or above the price, which creates these gaps.
For me personally, gab´s are not any relevant or justifiable sources of price behavior or prediction. So I DO NOT trust them.
Interestingly, these gaps on CME (Chicago Mercantile Exchange) always close! Like literally ALWAYS- this leads me and many other traders, to the idea, that the next ones will be closed as well. For me, it turned out to work, but seriously, I cannot believe this plays always, but it actually did until today!
So, I already took the trade Bitmex at 6600 with leverage and I am looking forward to close it at 8500 area! Any gains in the circle are awesome!
RSI looking oversold!
Volume declining, which means a short term price manipulation to the upside (to fill the gap) actually is easier than in times, when volume and volatility are high!
I took my shot, I hope this inspires your technical analysis!
Your german-quality-trader!
there is a gap, which you already noticed I guess! Though for beginners it might not be that obvious as it appears to you!
Gaps are happening, because when closing and opening markets, especially when there is a huge move in either direction, price action appears at certain levels below or above the price, which creates these gaps.
For me personally, gab´s are not any relevant or justifiable sources of price behavior or prediction. So I DO NOT trust them.
Interestingly, these gaps on CME (Chicago Mercantile Exchange) always close! Like literally ALWAYS- this leads me and many other traders, to the idea, that the next ones will be closed as well. For me, it turned out to work, but seriously, I cannot believe this plays always, but it actually did until today!
So, I already took the trade Bitmex at 6600 with leverage and I am looking forward to close it at 8500 area! Any gains in the circle are awesome!
RSI looking oversold!
Volume declining, which means a short term price manipulation to the upside (to fill the gap) actually is easier than in times, when volume and volatility are high!
I took my shot, I hope this inspires your technical analysis!
Your german-quality-trader!
Dagangan ditutup: sasaran tercapai
GOOD JOB. Trade closed successfully! Whoever participated in this any amount, you are now 30$ richer than you were before!
Let's see if we can enter the market again, either on short or long side
Sic Parvis Magna - Greatness From Small Beginnings
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Sic Parvis Magna - Greatness From Small Beginnings
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.