USOIL on a hot level 🦐 After the test of the lower support at the 66 level and the recent decision of several top producers led by Saudi Arabia to output cuts the price is back at the top of the previous range between 72-82.
I can see the gap which has to be filled sooner or later but in this moment the target might be the upper level where a lot of liquidity stays.
How can i approach this scenario?
I will wait for a potential break of the resistance area and in that case i will move on the 4h chart to check for a nice entry according to the Plancton's strategy rules.
If the price will move to the gap i will monitor the supports on the 4h time frame to identify a possible lower entry according to the MTB Strategy.
Fillthegap
BNGO - GAP FILL DONE"There are currently no clear chart signals.
On the one hand, we have the gap at 6.87. On the other hand, we have solid support at 7.50.
The following applies:
I would like to fill the gap. But that is not a must have. However, if we don't fill it, it acts like a magnet. A break below 7.50 would give an initial signal that the market would fill the gap. We have to close above 8.20 and build strength there. Then the probability of the gap fill scenario decreases."
A few weeks ago I mentioned that the probability for a gap fill is high. AND HERE WE GO!
Targets above:
$ 9.00
$ 10.46
--> ATH $ 15.66- 20$
RICE a huge potential to fill the gap 🦐Rice future on the daily chart moved inside a range for a long time.
Recently the price broke the upper structure and move to the upside.
According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BTCUSDT wants to test the 0.618 Fibonacci 🦐$BTC.X Wants to retest the 0.618 Fibonacci level in order to fill the CME GAP. After our amazing Idea , now we need to wait to understand the strength.
The Bitcoin CME gap, also called the “CME gap” for short, is the difference between the trading price of a Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. Unlike cryptocurrencies, traditional assets do not trade 24/7 around the clock. Most traditional exchanges follow normal working hours and close on holidays, and the CME is no exception to this!
Bitcoin CME gaps have often been known to “fill”. Filling means that the spot price moves back to the previous close
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Analysis Gold Hello traders get ready to trading to the upside as a retest the resistance . Please make sure you are seeing patterns , not what you want to see. If gold goes go up , gold candle will probably fill those gap above before continuing down to the downside. Trade safe. Thanks for reading!
AMA - medium to long term buyBeen looking at AMA lately and have taken a position.
Chart
- Declining volume - nice and boring as it cools off and people forget about it, hopefully the market still in disbelief as it marches higher
- Gap fill on daily
- Magic line has turned up
Fundamentals
- Massive growth, 130 up to 180 repair shops
- Insider buys - good cluster of 4 different buyers
- 6% fully franked dividend
- low float - good if momentum takes hold
GTXI filling in the gap.On the 5 minute chart GTXI Is picking up volume. Positive price movement is also coming in, could be a good day trade.
Notice: Not Investment advice.
SKX is going to pop very soon!It is looking like SKX wants to take a rise. It has been on a rise since 2016 and then it suddenly took a massive gap down. The stock is going to rise back up to fill in the gap. Look to buy soon, then look to sell when it nears the resistance line, because it will then be inside of the upward trend that it has been on for so long.