XJO 0.86% 7,829.7 s&p/asx 200

Here's the last breakaway gap we had on July 14/15th and the...

  1. 209 Posts.
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    Here's the last breakaway gap we had on July 14/15th and the aftermath. Plenty of great examples going backwards if you look, if not you will never see. Today bit wider breakaway gap and price getting accepted above 6300 (for now). Yearly high (IG) at 6328.2 approaching. Def looks like range has been broken and new terrain to explore is upon us. Just my thoughts and what I currently see. Had two positions today and both died is a slow death. Live to trade another day. The long of the bottom of the range was a gift which the OP called perfectly so huge props.

    breakaway gaps.PNG
 
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