AIZ - Buying Opportunity

AIZ had been dumped hard during the year due to COVID 19, but as it has shown great strength and have pumped up recently, and it is evident that it is struggling to go higher, but is facing resistance at 1.875 9previous resistance level).

1. Clear impulsive move up
2. It has formed a golden cross
3. Impulsive price action with high volume
4. I will be confident to buy in the $1.525 - $1.415 region (Buy Zone) as it is the 50% - 61.8% Fib Retracement Zone.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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Bearish daily candle, could be start of the pullback.

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Bearish Daily candle formed.

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Bearish Candles Developing. Expecting it to rollover.

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Price is coming down and expected to come down into the Buy Zone (between $1.410 - $1.530), waiting for a potential Buy Setup, and Bullish Price Action to take a buy position.

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Price has been consolidating, but I still expect it to come lower to the Buy Zone of $1.410 - $1.530 range. I will be a buyer after it shows Bullish Price Action in the Buy Zone range.

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AIZ retracing lower and is just above my Buy Zone of $1.40 and $1.50 and Trendline Support (Confluence). Waiting to see how it reacts there. Watching Closely.

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AIZ has pulled back nicely as expected, and is just above my Buy Zone of $1.40 and $1.50 and Trendline Support (Confluence). Waiting to see how it reacts there. Watching Closely.

AsimMirzaTrader

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AsimMirzaTrader

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