July 4th Action & CME Gaps to Fill
Updated
July 4th Action & CME Gaps to Fill
Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc!
I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow.
Then on the 4th of July when CME is close we gap down. There are a few gaps below us the first one at 8500-8900, which I think we will test. Then there is another at 7200-7450 that was only partially filled.
There is a scalp long opportunity available for the near term followed by a contraction afterwards.
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Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc!
I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow.
Then on the 4th of July when CME is close we gap down. There are a few gaps below us the first one at 8500-8900, which I think we will test. Then there is another at 7200-7450 that was only partially filled.
There is a scalp long opportunity available for the near term followed by a contraction afterwards.
Did you Like this idea? Do you like Free Indicators (check my profile)? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me/cryptorhythms
Note
Called the top wonderfully. Lets see if 8500 gets front run, I believe it will. 8800 range perhapsTrade closed: target reached
Target reached everyone!
Twitter - twitter.com/cryptorhythms
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Cryptorhythms Group Chat - t.me/cryptorhythms
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