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Gap

META GAP AREAOn a 1-hour time frame, observing Meta's price action gap involves noting sudden shifts in opening and closing prices between consecutive candlesticks. This discontinuity signals significant changes in market sentiment and supply-demand dynamics. Traders interpret bullish gaps as positive sentiment and increased buying pressure, while bearish gaps signify negativity and heightened selling pressure. Volume confirmation strengthens the analysis, guiding traders in potential entry or exit points. Effective risk management, including stop-loss orders and proper position sizing, is crucial for mitigating losses.
NASDAQ:META
by MindOverMarket
Catching the Wave: BFIC/USDT Trade SetupWelcome to my trade idea for BITMART:BFICUSDT (BFIC/USDT), where I aim to capitalize on technical signals. For our entry strategy, we have identified two potential points: First Entry: Our initial entry point is at 9.8115. This decision is supported by a bullish 1-hour FAIR Value Gap (FVG) signal. Second Entry: We will consider a second entry opportunity at 9.5002. To mitigate risk, our stop-loss (SL) for both entries combined is set at 9.1682. Additionally, it's advisable to practice dollar-cost averaging (DCA) if the price retraces to 9.2716, further minimizing potential losses. Regarding our target price (TP), we're eyeing the all-time high (ATH) at 39.9. While it's natural to anticipate when this level might be reached, it's essential to remain flexible. You have the option to take profits before the full TP is achieved, ensuring you lock in gains along the way. In summary, we're riding BFIC/USDT with technical finesse, keeping our eyes on the charts. Stick to the plan, stay flexible, and let's ride those waves to profit town! 🚀📈 Like (boost), follow, comment and share this idea!!! For the optimal TradingView experience, upgrade now to unlock the platform's full potential: www.tradingview.com
Long
by smarttrader012
Gap Inc. Steers Towards Success: A Tale of Turnaround and TriumpIn a retail landscape fraught with challenges, Gap Inc., ( NYSE:GPS ) emerges as a beacon of hope, signaling a turnaround in progress. The apparel giant's fourth-quarter earnings report has sent ripples of optimism through the market, with shares soaring on the back of stellar performance and promising outlook. Under the stewardship of Chief Executive Richard Dickson, Gap Inc., ( NYSE:GPS ) has embarked on a transformative journey, seeking to redefine its identity and reignite growth amidst a backdrop of industry upheaval. Dickson's strategic vision and decisive leadership have been instrumental in steering the company towards greener pastures, marking a stark departure from years of managerial instability and operational setbacks. The latest earnings release paints a picture of resilience and resurgence, with Gap ( NYSE:GPS ) exceeding analyst expectations on multiple fronts. Earnings per share, excluding certain items, surged to 49 cents, more than doubling the consensus estimate. Moreover, the company delivered robust revenue and comparable sales figures, underscoring the efficacy of its turnaround initiatives. Central to Gap's resurgence strategy is a concerted focus on brand revitalization and customer engagement. Investments in marketing across its portfolio of brands, including Gap, Old Navy, Banana Republic, and Athleta, have yielded promising results, breathing new life into once-flagging segments of the business. Of particular note is the remarkable turnaround at Old Navy, Gap's largest brand, which witnessed a consecutive 2% increase in comparable sales, signaling a reversal of fortunes after six quarters of decline. Similarly, the Gap brand saw a commendable 4% rise in same-store sales, surpassing analyst expectations and marking its most significant uptick in over a year. While progress has been palpable across key brands, challenges persist in Gap's smaller segments. Banana Republic, though showing signs of improvement with a 4% decline in same-store sales compared to an 8% drop in the prior quarter, continues to grapple with the complexities of its brand elevation efforts. Nevertheless, optimism abounds as the company remains steadfast in its commitment to driving positive change. Athleta, Gap's ( NYSE:GPS ) foray into the activewear market, faces its own set of hurdles, with a 10% drop in comparable sales attributed to product marketing and experience missteps. Despite these challenges, Dickson remains bullish on Athleta's prospects, projecting a rebound in comparable sales by the latter half of 2024. Technical Standpoint With a moderate Relative Strength Index (RSI) of 54.18 NYSE:GPS is trading above its 200-day Moving Average with the stock on the verge of a bullish breakout forming a Symmetrical Triangle chart pattern. As Gap Inc. ( NYSE:GPS ) navigates the torrents of the retail landscape, its journey toward sustainable growth serves as a testament to resilience, adaptability, and unwavering determination. With a seasoned leader at the helm and a renewed sense of purpose, Gap ( NYSE:GPS ) stands poised to write the next chapter of its storied legacy—one defined by triumph over adversity and a steadfast commitment to delivering value to shareholders and customers alike.
GLong
by DEXWireNews
GBPAUD back in play for the short to fill the HTF gap.Glossary: VA – Value Area Liq.P – Liquidity Point PiPo – Pivot Point BO – Break-Out H1 – Hourly Time-frame M15 – 15min Time-frame LTF – Lower Time-frame HTF – Higher Time-frame Magenta horizontal Ray – Area of Interest Magenta rectangle – Gap / Area of Significance *********** After tapping into the previous swing high and a strong impulsive move to the downside, price formed two smaller consolidations before starting to form a larger bear-flag. Waiting for a retest of the small Liq.P, finishing the bear-flag and a push down to the VA to fill the HTF Gap.
Short
by kalganid
NZDUSD Short to fill the GapGlossary: VA – Value Area Liq.P – Liquidity Point PiPo – Pivot Point BO – Break-Out H1 – Hourly Time-frame M15 – 15min Time-frame LTF – Lower Time-frame HTF – Higher Time-frame Magenta horizontal Ray – Area of Interest Magenta rectangle – Gap / Area of Significance *********** 2024 – 03 – 04 NZDUSD short DXY positioning indicating continuation short, and therefore a weaker Dollar; However NZDUSD on it's own looks likely to fill the gap to the previous VA. Technically it did not come from a significant VA but shows exhausting PA on the top, followed by a BO of a running channel and is now starting a bigger H1 continuation structure before the last leg down to fill the gab to the VA. I am now waiting for price to tap into the Liq.P and show some form of a LTF consolidation for an entry short.
Short
by kalganid
Has anyone looked at the monthly charts?After reviewing the monthly chart, I made an observation: Bitcoin has indeed filled the monthly fair value gap (FVG), which explains the recent deceleration in momentum. Now, it remains to be seen whether we will experience a breakthrough or a retracement to our monthly discount zone. Coincidentally, within the discount zone, I've identified a monthly Balanced Price Range (BPR), indicating overlapping fair value gaps. Additionally, there's a breaker block present. With these elements in play, the potential for a significant move exists, potentially catalyzed by a news event.
Short
by infamous7
3