That Gap Up Was Serious! USD/JPY Long!
Personally in my trading experience. If price gaps down on the open then price will continue to fall further, but if price gaps upward then price will also move upwards.
Trade active
Price might be headed back down to close in the gap! I would close out any buys and wait for a re entry signal from a higher time candle.
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Disclaimer
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.