Gapfill
AUD/USD Weekly Outlook and IdeasPretty sizable gap away from the base of a triple bottom (yellow rectangle)...how to interpret this??
Someone or something with deep pockets is eyeing the .707 area, perhaps a barrier option slightly below at the .706 demand level?
Either way let's map out the possibilities...
If this gap closes down, I think it could spell trouble for buyers who bought heavily @ .707..how many more touches can this level take before capitulation?
Now the .706 level is not a significant level @ this point, its well within the ATR range of the yellow rectangle. Meaning if we do close the gap, the possibility this drops further increases.
If the current gap level holds and we see upside, the .714 area is the one to watch for resistance. Any move above that, and we may have an uptrend.
RBA rate decision on Monday is going to be the key driver for direction this week, so hold on!
NZDCAD SHORTAs you can see, this is a great swing trade setup. However, I will not rush into this pair as I will be waiting for confirmation to go short. My TP is where a gap that was created on 24 Feb will be filled.
Trade safe and good luck!
BA BOEING: Gap trade on the short sideEntry $425-$430, Target: $367-$330.
30 min chart reveals we have room to go up, but daily suggests we are near the top. Short position to bring us back to the range bound channel and fill the gap.
This could be a BIG MOVE!NASDAQ:YNDX has a big gap to fill above. Definitely keep this one on your watchlist.
It may fill the gap!NYSE:SNAP is above all important MA's and 1,2 and 3 day VWAP's. if it gets going, it will likely fill the gap. Let it settle down in the morning and buy above yesterday's high. If it gaps up, do not chase it, stay away.
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Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
A lot of room above!NYSE:CIEN Keep this on your watchlist. if it gets going, it has a lot of room above.
Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
SPY Due for a PullbackWhats up traders,
We have a high probability pullback / gap fill today. We will be looking to get short and phase out within the target zone using a trailing stop loss type exit strategy.
Best of luck. We would set our stop loss at around 10-15% of our position size.
US 30 Entering Bear Market?Chart says all. So many contributors with great ideas about what we might expect. Just my 2c. It never goes straight down but makes short squeeze traps along the way. The runup to 24k was a terrific squeeze, rejected at 0.50 Fibo- exactly. Be cautious, short the rallies, don't plunge as it swings wildly and can squeeze any day.
Remember- gaps tend to get filled! It's a 5th wave- might give us an M-shaped pattern with a second bounce from the 50% retrace level- expect unpredictable squeezes. GLTA!
As always, this isn't advice, just an idea; trade at your own risk!
Citigroup - ShortWe believe earnings week will be bleak.
Citigroup missed big time.
We expect a few gap fills on the 15 min chart . .
C Jan 18 '19 $54 Put is what we entered ...
This is pure fundamental with targets based on technical.
Let me know if you have any questions.
ALL GAPS FILLED ON BITCOIN CME FUTURES: EASY MONEYSince futures trading began in December of 2017, no gap has gone unfilled in the futures trading market. To me, this could mean one main thing - Institutional traders are in fact here, and they are winning big. They are hedging their spot positions in BTC with options to guarantee profitability. Whether or not my interpretation of this theory is true, the fact remains that price has gravitated back toward any liquidity gaps that have appeared in the BTC futures trading. The maximum amount of time for this phenomenon to play out has been 1 month.
It is Sunday and Bitcoin is dropping. If it closes Sunday below $3500, a significant gap will have appeared. A trade strategy here could be going long below $3500 and waiting for the gap to be filled at a later date.
Aim for Gap fillI believe a move is coming for a couple points Long.
The information is in the chart.
Good luck.
Gap fill for bitcoin BTCUSDBitcoin price looks like it will fill the previous gap down in the next few hours.
Short PALAF vs Uranium FuturesPaladin Energy is So. African Uranium miner and chart shows it has not corrected to Uranium futures pricing. Easy to see going up the gap.
NYMEX:UX1! WSTRF
UUUU NYSE:MGA
TSX:URE AMEX:UEC
CCJ AMEX:DNN
Monstrous Profits Double Top Gap Fill120 pips total
80 from top of second high 40 from the retest of neckline
This is the text book M formation/double top, a scalp trade turned swing trade
Take note of the psychological resistance level as well
The hanging man in London, the drop in NY, retest of neckline and complete the gap fill in Tokyo
Beautiful trade
Basic candle stick pattern, basic double top formation, and the gap was filled
GAP-FILL opportunity on CRON - Short term profit CRON shows a nice gap-fill pattern as I highlighted.
If the stock trades lower on the pre-market, it'll be much riskier, so be careful.
If you feel like tipping: www.paypal.me
SPY Bear Flag Forming Up to Fill GapChart says all. Gaps tend to get filled. After that... hmmm.
Trade at your own risk this isn't advice, just a half-baked idea...
NFLX Daily bigger Pic Bigger Fib An even bigger way to draw NFLX fib low to hi and the Gap is showing right above the 618 retrace
AudUsd TIME TO DROPGap gonna fill
Big double top on coming drop
ftr 30m confirm momentum bearish
rejection of higher level
dxy on support and shown rejection
US 30 possible near-term bottom forming- gap to fill upChart self-explains. Could sure get lower but behavior suggests a bottom retest may be in at 24421. Wait on 4hr to confirm it.
Could get a strong lift into December off these lows to form a right shoulder before the bears really tear into it. Unpredictable now.
Just an idea not trading advice- trade at your own risk! GLTA!
