Beautiful Movement price Ranging.
Current price at 1h Green Zone act as Good Support level, But with current situation of news its risky play to get in unless general news changes and calm down.
We Have Out Strongest and the Support level that price will respect is the 4h Green Zone in case the 1h didn't hold at current price level.
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
Current price at 1h Green Zone act as Good Support level, But with current situation of news its risky play to get in unless general news changes and calm down.
We Have Out Strongest and the Support level that price will respect is the 4h Green Zone in case the 1h didn't hold at current price level.
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
Note
the P.High (Previous High) price level line is where you may secure profit in case any selling pressure showed up.The Red Green Zone is significate Resistance and Selling Zone.
In Case we Go Above Red Zone price will target 84 price level and price Direction will be Up-Movement.
Trade closed: target reached
thank you gg
Disclaimer
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.
Disclaimer
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.