Downside Gaps Filled, What’s Next?

Downside gaps were filled on Monday in all of our trading instruments.

The EUR/USD pair recovered its losses towards 1.1250 and thus filled its opening gap. We are now waiting for price breakouts either above 1.13 or below 1.11.

The GBP/USD pair returned into its sideways price range between 1.3440 and 1.3350. We will watch out for price breakouts above or below that range.

The DAX hit a short-term bullish profit target at 14500 while filling its opening gap from yesterday. Prices above 14900 or below 13600 will draw attention.

 

Daily Forex, DAX And Crypto Signals:

If you are keen to know where we put Take-Profit and Stop-Loss, if we trade on a specific day or not and how we manage open positions, subscribe to our signals.

EUR/USD

Long @ 1.1235

Short @ 1.1190

GBP/USD

Long @ 1.3440

Short @ 1.3380

DAX® (GER30)

Long @ 14480

Short @ 14390

ETH/USD

Long @ 2940

Short @ 2820

Disclaimer: All trading ideas and expressions of opinion made in the articles are the personal opinion and assumption of MaiMarFX traders. They are not meant to be a solicitation or recommendation to buy or sell a specific financial instrument.

 

Monthly results 2022:

February 2022: +531 pips

January 2022: +766 pips

 

Results 2021:

December 2021: +61 pips

November 2021: +452 pips

October 2021: +165 pips

September 2021: +578 pips

August 2021: +135 pips

July 2021: +34 pips

June 2021: +264 pips

May 2021: +528 pips

April 2021: +278 pips

March 2021: +45 pips

February 2021: +42 pips

January 2021: +472 pips

 

Results 2020:

December 2020: +318 pips

November 2020: +75 pips

October 2020: +432 pips