Two options:
Option A: Price respected the resistance and continue lower.
Option B: price respecting the resistance initially and fill up at the gap before reversing higher.
Preferred option is to stand aside and see how price react to the gap. Yes the gap was respected currently but the resistance provided another probability that price might want to retrace before deciding the next move.
Happy trading and Eid Mubarak!
Option A: Price respected the resistance and continue lower.
Option B: price respecting the resistance initially and fill up at the gap before reversing higher.
Preferred option is to stand aside and see how price react to the gap. Yes the gap was respected currently but the resistance provided another probability that price might want to retrace before deciding the next move.
Happy trading and Eid Mubarak!
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.