When price action gave an explosive movement on last friday, most people got the thought that market has become bullish finally. And the same people got confused when prices are falling today. If the sentiment has become bullish, then why price is falling? Last monday price opened gap up, creating a gap. "All the gaps will get filled eventually". And also to have a healthy uptrend, the gap which has been created in early stage should get filled. In few days we will know clearly whether the trend is bullish or bearish.
Kommentera:
Gap filled.
