7.17.23 I decided to add part 3 to take another look at how you might have used gaps as the market was going higher and lower. This is an exercise Looking at reversal patterns Using gaps. The weakest decision Occurred at the end of the video when I tried to describe probability of the market Moving higher or lower at the support resistance line. So I will stand by my version of probability that the market Is going to go lower at this point. I almost deleted this video because I'm not that convinced that the Market's going to go lower because I see that support resistance line and the price is still above the support. It's not a perfect example and I'm not betting the farm that it's going to go lower and that's okay.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.