Bulls efforts to stop the trend that has been running is a futile effort or catch a knife that falls from above with a heavy.
If the Bulls tried strongly the price did not fall lower in 1,07320, the attempt to reverse the direction of the price up was still possible to succeed. Bulls effort now is too late.
Gap is not zone support and resistance (not zone supply and demand) ... but gap can be a sentiment depend on condition/location of price in chart because pressure/action from buyer or seller.
if the gap is not closed, it can be a sentiment that will absorb prices towards the gap at any time
example about gap
bulls think ABC correction is not complete in tf H4 .... ???
The gap that was left open shows one currency of the pair currency is very weak. Is USD very weak currently compared to Euro ???
If the Bulls tried strongly the price did not fall lower in 1,07320, the attempt to reverse the direction of the price up was still possible to succeed. Bulls effort now is too late.
Gap is not zone support and resistance (not zone supply and demand) ... but gap can be a sentiment depend on condition/location of price in chart because pressure/action from buyer or seller.
if the gap is not closed, it can be a sentiment that will absorb prices towards the gap at any time
example about gap
bulls think ABC correction is not complete in tf H4 .... ???
The gap that was left open shows one currency of the pair currency is very weak. Is USD very weak currently compared to Euro ???
The Average Discount Everything
1