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CME Gap: Dec 2021

CME Gap: Dec 2021

Price action as created a new CME Gap in the respective charts;

Based on current price date we can see this may be a gap which easily can be filled. I will be starting open small Long positions with expectation of this being filled within the week.

Expected entry: Below 48,000 - up to 47,000

Stop Loss - 46,000 - 45,000

Take Profit: Above 50,000

Currently we are seeing a major weakness in Stock markets ( SP500 ) due to year end profit taking and new corona virus variant spread. This may have some impact on crypto as well (similar to 2020 March crash)

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