Like in 2017, where the runaway gap is at 1.08, you'll notice a runaway gap again at 1.13. It is a tell-tale sign of a long-term buy. The bearish strength is only temporary thanks to the energy crisis fears looming in Europe. All of these, in my opinion, is viewed as a temporary situation. It's not quite likely that EURUSD will visit $0.8 and below. I am waiting patiently for the pair to form a bottom.
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.