The short-term charts are trying to form a reversal pattern (see charts) but prices need to cleanly break through current levels and then consolidate above .8980.
Definitely needs to be factored in Jack. I would not take a position based solely on the presumption that the gap will close but in my experience they tend to close nearly all the time
What’s your thoughts on weekend gaps Sean?
Hi Sean, what are your thoughts on the weekend gap? Should it be factored into swing trading decisions?
Definitely needs to be factored in Jack. I would not take a position based solely on the presumption that the gap will close but in my experience they tend to close nearly all the time
Thanks Sean, sorry for the double up. I am hesitant to jump on board just yet with the gaps there.