Looks like we had a good short opportunity and now there is a buying opportunity.
Here is the link to my previous analysis way before market started going down.
Hope you all are liking it. Drop some comments on what you think. Thank you.
Note
Looked good, the set up started with marking Gann analysis for short opportunity and then now buy opportunity using Falcon Buy Sell Indicator (Invite Only).
Here is the link for the current chart where price bounced.
if you want to use Falcon Buy Sell Indicator then you can message me on Trading View.
Note
Falcon Buy Sell Indicator - one trading technique that can make the difference.
Whenever you get B for buy, you can make a key level area, or a pivot area where price needs to take a retest.
In this example the level can be drawn like this
Once price reaches this level and retests, then it is safe to buy. Overall we are in buy zone but if you are doing futures trading, it is always better to wait for confirmation.
Use stop loss, here stop loss will be just below pivot level after the retest.
Do your own research.
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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.