Gapfill
NSE:POLARIS buying opportunity to retest the recent highs is currently near the gap fill and gives buying opportunity with closing stop below 185
Came in my radar score 7 (personal note - testing basis)
Disclaimer: Analysis is not to be taken as recommendations. Posting for personal references. Please due your analysis before investing.
EU Short for the gap fillAs taught in the Andrews course we can anticipate a new pivot forming at the blue median line. Already showing signs of rejection with the sellers winning the battle at the high.
If price can break the support line then I plan on taking a short if price retraces to test the break.
Current high also looks nice on a channel in the daily view.
Double Top at Structure on EURGBP! May fill the gap?Hey guys,
the gap we were expecting was very big (especially with euro and yen pairs) but remember that gaps tend to be filled afterwards. So, if this alligns with my structure analysis i think the opportunity is good. The yellow box you see above represents a previous level of structure that acted as support and now could turn into resistance.
As we go on lower timeframe such as 1hr price has formed a nice double top with RSI divergence.
I'm waiting to see a pullback in order to get a better risk to reward ratio with the first target at the retest of the lows. Second target could go at the close of the gap, or at structure (0,840).
If you want to share your view, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Double Top at Structure! May fill the gap?Hey guys,
the gap we were expecting was very big (especially with euro and yen pairs) but remember that gaps tend to be filled afterwards. So, if this alligns with my structure analysis i think the opportunity is good. The yellow box you see above represents a previous level of structure that acted as support and now could turn into resistance.
As we go on lower timeframe such as 1hr price has formed a nice double top with RSI divergence.
I'm waiting to see a pullback in order to get a better risk to reward ratio with the first target at the retest of the lows. Second target could go at the close of the gap, or at structure (0,840).
If you want to share your view, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
long - rso - bullflag gap fillnice continuation to close the gap safe buy stop in at $10 target $11.50 for +15%
DJIA LongGap still yet to be filled. In an uptrend on higher tfs. Price has broken the 200sma and retested, now clearly stalling. Good time to get in for the gap fill. Price can potentially reach 20775, we'll see how price reacts if it reaches target.
Tesla closing gaps.Price bounced off the gap created on Feb 23rd. instead closed the gap from March 16th. and is now making lower lows.
what about that?
Hogs Going for Second gapThe market hates gaps and will always try to fill at some point. June Lean Hogs filled one gap and will probably attempt the next one Monday/Tuesday. Lean Hog index has stopped increasing, but remains around 77.73.
SBUX LONG TARGETSorry for not posting the original buy. This is my price target short term for SBUX.
The 24th is a dividend date and I will collect those as well.
This stock is small movement but profits none the less.
Filling the Gap?For the past month, price has been pushed down slowly staying near support for most of the time. Also, the 20ma has been acting as a dynamic resistance, and price has seen more resistance from a descending trend line.
Price has just broken and close below support (Double Blue Line)
Price has also closed below the 50ma, which has acted as dynamic support/resistance in the past.
There is also a head & shoulders pattern on the MACD Leader, and Insync Index
Price target is $87.88 for a R:R of 4.47
Went short with an entry of $99.06 after seeing a break of $99.20, Stop loss at $101.57
