>Technical Direction: Daily Downtrend (2 Consecutive LHs)
>We have a Rally-Base-Drop(RBD) Weekly Supply Zone coverage for the RBD Daily Supply Zone
>We have a high quality Leg-out(Imbalance) from Weekly TF and a Gap+Explosive leg-out from Daily Supply
*Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand): Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price.
Entry, Stop Loss(Entry zone plus -33%), Target(2R) is shown on the chart via Fib Retracement
Trade Safe
>We have a Rally-Base-Drop(RBD) Weekly Supply Zone coverage for the RBD Daily Supply Zone
>We have a high quality Leg-out(Imbalance) from Weekly TF and a Gap+Explosive leg-out from Daily Supply
*Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand): Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price.
Entry, Stop Loss(Entry zone plus -33%), Target(2R) is shown on the chart via Fib Retracement
Trade Safe
Note
Signal Good only for week of Sept. 23-27, 2024. 
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.