Woudln't be surprised if we gonna fill those gaps and visit liquidity area above 21690 (value area). Btw : there is also gaps between 34500/35900 and between 27500/28800 ^^
When the market range, it is telling us they are lost with the main direction. And we are seeing that between all the US major stock indices and many stocks since the second week of May. Prices basically still trading around the same price since then. In today’s tutorial, we will discuss: • How to identify when market started to enter into a range and • Which...
Here Wyckoff pattern with disbelief rally which just will fill the gap If Monday will not gives us gap pump
What is CME Gap? (Chicago Mercantile Exchange) ( CME ) A CME gap is created when the price of Bitcoin opens above or below the previous day's close on the CME exchange. One of the prime reasons for CME gap creation is that CME markets remain closed over the weekend and during a part of the day. Bitcoin, on other spot exchanges, is traded 24×7. Historically, the...
1. Price was on the uptrend with the low getting higher and price increase accompanied by increase in volume. 2. Entered Long with a wider SL but TP @ next Resistance level. 3. Will share the outcome of the trade in the comment.
CME can be seen to be poised above its major trend line ( in green ) Price has bounced nicely off the 200MA above this line also (blue) Continuation up is likely as both these support areas are respected Bullish rising wedge placed also on chart
CBOT:ZW1! What do Gold, Crude Oil, Natural Gas, Corn, Soybeans, and Wheat have in common? Their prices all go up in a global crisis. In other words, these strategically important commodities are positively correlated with the level of risk. “Risk Up, Price Up; and Risk Down, Price Down”. Everyday non-professional traders (NonProfs) usually have a disadvantage...
1. Did a long trade (paper trading) on e-mini Dow Jones. 2. Reason for the long trade: a) Price do a higher lower; a UT bar appears but the next bar overtake the UT. b) Volume is supporting the upward move. c) Strong support level at 29910 range. 3. Trade entered with SL @ 50pts and TP @ 75pts; as price move upwards with unrealised profit, the SL is...
Last gap has been filled at 18400 there are no more gaps to be filled at lower levels , next gap is at 30k. Is this the bottom? very high chance that it is the bottom waiting for lower prices at this point would be crazy Chainlink hasn't even made lower lows. My worst case is 14k but now that we filled the last CME gap and we have this springboard on the daily...
Update on last post all targets hit tow main gaps remaining mention that the market could meet higher goals before reaching these areas stay tuned
Okay..well done.1.! We all got your point...! Now get your a*s back up..!!!!
BTC CME has just recently populated the weekly 200 moving averages, both the Exponential and the Simple. BTC is now testing the 200 Weekly 200 SMA for the first time. It took 234 bars to do so. The law of math equates that a 200 simple average will be tested or cross on average every 200 bars...
Today featured a strong close for July WTI futures. If the $120.00 area comes into play again, a countertrend scalp may set up in the next 24 hours. Here's the trade: 1) Sell $119.94 2) Initial Stop Loss @ $120.09 3) Profit Target @ $119.79, 1:1 risk vs reward ratio
Hello friends. are you okay? thanks god... because crypto market open green in monday we can still see it bullish for mid time. and we have some factors that show this opinion and strenghen our analyze lets look at them : 1-we can see two important levels of fibo retracement around CME gap. these levels are 38.2% and 61.8%. so we have an overlap area here. 2-we...
IBM has been in an ascending channel formation for a while now. We've had two touches and I believe there is one more then a correction to the bottom support line before the decision of whether this channel will break to the upside or whether we will break to the downside. Thats years away and we can revisit that then but for now it looks like IBM is about to...
CME Gaps occur when the Chicago Merchantile Exchange closes but the BTC price continues to move (Crypto Never Sleeps). These gaps which you can see on the ticker BTC1! have a well over 90% Fill rate. The past 2 Weekend gaps were filled on that Monday after each weekend. It also coincides with the bottom of the current range... Invalidation of this would be...
The recent strong downtrend as produces a small gap on the CME at 35.3k. Price has reached range support and the technicals are pulling out of oversold. The possibility of a relief rally to close the gap is there. 39.6k is a point of confluent resistances and can be a final target. The price might falter at any time and head to close the big gap at 23.8k.
According to the last Bitcoin analysis, the price does not follow any specific trend. BTC is in a frustrating trading range for 3 weeks and just doing Accumulation for the next movement. because of the weekend, there is no clear decision for buyers or sellers. I think we should wait until Monday to see powerful movement with high volume. Use stop loss in all your...