SK System
I expect the price to move to the WCL (gray) level (probably early) for impulsive bullish move
Price action co-relation for SK System
Weekly
Evening Star with recent Doji
Daily
Doji followed by a bearish candle - TDI price below baseline
4H
Sell-side liquidity taken - TDI below baseline
Breakout
I expect the break of the minor and secondary trendlines
IF NOT; SL -- be protective :-)
I expect the price to move to the WCL (gray) level (probably early) for impulsive bullish move
Price action co-relation for SK System
Weekly
Evening Star with recent Doji
Daily
Doji followed by a bearish candle - TDI price below baseline
4H
Sell-side liquidity taken - TDI below baseline
Breakout
I expect the break of the minor and secondary trendlines
IF NOT; SL -- be protective :-)
Trade active
Update :: Price has reached TP1 and at Crucial Zone;~ from the perspective of Price Action (Primary Trendline)
~ from the perspective of SK, it has give 100% profit target
If this zone is broken, it will reach our TP2 Zone.
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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.