3/4 @ 6:35 pm EST
1. Beach Levels
M 7/8 17500
W BTW 6 & 7 @ 18212 CMP
D +1 @ 18125
4H 5/8 18281.3
1H 5/8 18203.1
M30 6/8 18203.1
2. Waves
Day: OB Buying (Sell Divergence)
4H: OB Buying; Y OS Selling
1H: OS Selling
M30: OS Selling
3. Channels
M- Bullish; Near top
W- Bullish; Above
D- Bullish; BTW Middle & Bottom
4H- Bullish; BTW Top & Middle
1H- Bullish; BTW Middle & Bottom
M30- Bullish; B/o downside
4. Fib
4H Buy Fib
Looking price to reach -61.8 @18750
M30 Buy Zone
50 @ 18171.9
61.8 @ 18133.3
3/4
Price moved to the downside yesterday so now we're going to see how long price sells. If price breaks below 18046.9, look for sells to @18025 @17979 @17937 @17883 @17812.5 (Based on 1H beach levels and zones)
If price comes to the bottom of 1H channel and waves are OS buying on M30+1H+4H could see a move continuing higher. The target would be 18437.5 (if beach levels shift use beach levels).
3/3
If price breaks below 18281.3 can look for sells to @18203.1 @18125.
If price breaks above 18340, look for buys up to 18437.5.
Opinion: This analysis is for education purposes only and is just my opinion, this is not a trade idea.
1. Beach Levels
M 7/8 17500
W BTW 6 & 7 @ 18212 CMP
D +1 @ 18125
4H 5/8 18281.3
1H 5/8 18203.1
M30 6/8 18203.1
2. Waves
Day: OB Buying (Sell Divergence)
4H: OB Buying; Y OS Selling
1H: OS Selling
M30: OS Selling
3. Channels
M- Bullish; Near top
W- Bullish; Above
D- Bullish; BTW Middle & Bottom
4H- Bullish; BTW Top & Middle
1H- Bullish; BTW Middle & Bottom
M30- Bullish; B/o downside
4. Fib
4H Buy Fib
Looking price to reach -61.8 @18750
M30 Buy Zone
50 @ 18171.9
61.8 @ 18133.3
3/4
Price moved to the downside yesterday so now we're going to see how long price sells. If price breaks below 18046.9, look for sells to @18025 @17979 @17937 @17883 @17812.5 (Based on 1H beach levels and zones)
If price comes to the bottom of 1H channel and waves are OS buying on M30+1H+4H could see a move continuing higher. The target would be 18437.5 (if beach levels shift use beach levels).
3/3
If price breaks below 18281.3 can look for sells to @18203.1 @18125.
If price breaks above 18340, look for buys up to 18437.5.
Opinion: This analysis is for education purposes only and is just my opinion, this is not a trade idea.
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.