CEINSYSTECH Above image is showing the importance of break away cap gap the consolidation watch almost 2445 days and the structure got 305 to earlier closing 275 if we look the previous consolidation consolidation gives a sense regarding triangle compression that is a technical chart pattern technical analysis after giving a gap stock has given a good...
Gap Theory Breakaway - Start of a trend Runaway - Confirmation and strengthening of a trend Exhaustion - A gap which gets covered it, in that case the pending gaps become support levels
*For entertainment purposes only. Not Financial Advice. Not Trade Advice. Not Miami Vice. DYOR How low can she go? Gaps in price action are filled approximately 90% of the time at some point in the asset's price discovery process. Daily Gaps are significant! Here is where 🦈I'm long MIR. KUCOIN:MIRUSDT COINBASE:MIRUSD BINANCE:MIRUSDT
Breakaway gaps are often seen early in a trend when the price moves out of a chart pattern or following a trend reversal. The green lines, especially the ones with fibo 50 and fibo 61.8 are representing targets of this historical bhreakout. But watch out! Market interferences, political changes and other typical exogenous influences lets rising wedges never...