ITD CEMENTATION
1. After a short term bull move, the stock is going through a pull back.
2. The un-mitigated FVG remains at the Magenta Zone as depicted on the chart.
3. This FVG confluences with the buy zone created by the retracement (50-61.8%)
4. 445-450 is the key level to watch for going long again.
5. Remain patient if we get any spike from the current levels upside till 520. As this is the area where the liquidity will be created by the bears.
6. Hope the suggested path on the chart will be helpful
1. After a short term bull move, the stock is going through a pull back.
2. The un-mitigated FVG remains at the Magenta Zone as depicted on the chart.
3. This FVG confluences with the buy zone created by the retracement (50-61.8%)
4. 445-450 is the key level to watch for going long again.
5. Remain patient if we get any spike from the current levels upside till 520. As this is the area where the liquidity will be created by the bears.
6. Hope the suggested path on the chart will be helpful
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.