TAS
Panjang

EURUSD does not want to close the gap

FX:EURUSD   Fx Euro/Dolar U.S.
267 10 19
EURUSD             does not want to close the gap and might move higher on support
Nice move baby
Balas
There you go baby
Balas
For me EUR USD sell...

Best regards,
Balas
TAS render
@render, Thanks man. So far it's holding on the level. COT report backs you up, but last week it already did. On the Long term i agree with you, the greenback will gain value, before that there's a strong chance of going to my level.
Balas
I WONDER WHAT PERCENTAGE OF CHARTS RESPECT THE "close the gap" rule. It's a relatively new concept to me.
Balas
TAS Glendooie
@Glendooie, to understand Gaps you need to understand structure. There are three types of Gaps: Runaway gap, exhaustion gap, Breakaway Gap. Only the two last ones tend to close.
+1 Balas
@TAS, Thank you. I have been given a file to read about gaps. So far I've read the intro and nothing else. Your prediction so far with EUR/USD gap is spot on. Long may it continue :-)
Balas
TAS Glendooie
@Glendooie, still early, it's a two week trade
Balas
In fact, this chart provides a different perspective of the market. This type of charting idea never passed through my mind. It is always good to keep in touch with professional traders.
Thank you for sharing this chart. Continue your good work.
+1 Balas
TAS patterntrader
@patterntrader, Thank you
Balas
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