Gaps - Ups and Downs
Mar 08, 2014 at 14:52
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2 Replies
forex_trader_75987
Member Since May 02, 2012
117 posts
Mar 08, 2014 at 14:52
Hello, Everyone,
EURUSD has been bullish lately targeting 1,39 , but for this next week I am expecting a Gap Down due weak China Trade balance.
What do you expect?
A new support before to buy it again?
Cheers!
EURUSD has been bullish lately targeting 1,39 , but for this next week I am expecting a Gap Down due weak China Trade balance.
What do you expect?
A new support before to buy it again?
Cheers!
forex_trader_179249
Member Since Mar 01, 2014
3 posts
Mar 09, 2014 at 07:46
If the gap remains and price doesn't trade to cover it, it can act as a support/resistance area.
However, just be careful when dealing with gaps and trading around the weekend. I made a video on it here.
However, just be careful when dealing with gaps and trading around the weekend. I made a video on it here.
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