Broke an important trend line on 1d and formed a gap.
In technical analysis, there are different options for price gaps and their interpretation is different.
In this case, it hit an important trend line.
As a rule, these appear during the market reversal.
For a further significant price increase, it is necessary to fix back above the trend line and close the gap.
While we are trading lower, the priority is to decrease.
The next important support is MA200 and - 0.5 fibo level ~ 23690.
Reviews, ideas and deals - I publish at the link below.
In technical analysis, there are different options for price gaps and their interpretation is different.
In this case, it hit an important trend line.
As a rule, these appear during the market reversal.
For a further significant price increase, it is necessary to fix back above the trend line and close the gap.
While we are trading lower, the priority is to decrease.
The next important support is MA200 and - 0.5 fibo level ~ 23690.
Reviews, ideas and deals - I publish at the link below.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.