Please see related idea for more insight. Many pips made so far with these moves recently.
This is what I like to call a triple whammy.
1) The gap must be filled
2) Retrace is due.
3) Previous support should be tested as resistance.
The combination of these factors allows us a better understanding of WHEN the price is likely to reach our target. Which makes it easier to know when the exit (/look for re-entry) if the trade is not going to plan.
As always, trade safe and have a properly thought out exit strategy to minimize losses.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.