analysis by کانال پشوتن مشهوری نژاد about Stock نیرو on 6/10/2024

In the above image, we see the formation of chat on the charts of Euro and Canadian Dollar. A small gap on usdcad in the range of 1.3756-1.3766 has been formed and then filled, while the relatively large gap of eurusd in the range of 1.0766-1.0800 has not yet been filled. A gap is a sudden and rapid price jump that leads to a vertical discontinuity on the chart. From a technical point of view, we believe: chats are usually filled again! This is just an empirical and statistical rule, and there is a possibility of its uncertainty, but anyway, we see it working in many cases. The gap actually shows a trading gap and apparently a gravitational force is imposed on the price by the gap and this force continued until the gap is completely filled. Therefore, despite the high probability that the euro will continue to fall from 1.08 to 1.07 dollars, until the gap is completely filled and its positive upward trend ends, it is necessary to refrain from entering the end of this chart and opening a sell position. Finally, the top and bottom of the gap play the role of support-resistance levels, and if the price penetrates into the gap, and these levels are broken, it will be an easy path to continue moving to the opposite side.