gap failed to close during Asian session

15 ביוני 2020

i had the idea of an H&S formation and waited for the Right Shoulder to form. i knew it would complete because the gap couldn't be filled during the Asian session. 9400 Level was a point of interest and i figured the buys would take place there. Fundamentals played a part too to my technical analysis. With The gap having to be closed, i knew it would provide resistance along with my trendline -strong confluence-. The bottom part of the gap would obviously provide the support to help it break the trendline.