ETHUSD: CME way | Remaning Gaps with S/R level
Updated
This chart is for those who believe in CME gaps fulfillment strategy while trading i.e. "CME Gaps are likely to fill sooner or later".
In this CME gap chart of ETH i have drawn key S/R levels as well to consider while trading.
For newbies here are the tips to trade S/R levels:
Bullish:
- Breakout, retest and hold above
Bearish:
- Breakdown, retest and rejection
Deviation:
Fakeouts or Deviation occurs when Price tends to go down or up at a key level and makes reversal to trap retails for liquidity.
In this CME gap chart of ETH i have drawn key S/R levels as well to consider while trading.
For newbies here are the tips to trade S/R levels:
Bullish:
- Breakout, retest and hold above
Bearish:
- Breakdown, retest and rejection
Deviation:
Fakeouts or Deviation occurs when Price tends to go down or up at a key level and makes reversal to trap retails for liquidity.
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