XW1! trade ideas
New Trending Range in the ZW A new trending Range is created since the 11th. it seems that the market was trying to go back and break up the first Support Leve (S1) with a huge accelaration at 15H30. At the end of the day the market gives indications of sales to reach the level S1 or S2. while remaining alert to a possible break in Point Pivot at 504.
ZW1! DAILY SHORT TRADE PLAN IDEAZW1! SHORT DAILY
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Analysis:
Big time frame
-Weekly has the Price Action confirm for down trend. Pls refer the image below
Trading time frame
-Daily has big bear bar breakouts the small flag pattern and reject tenkan & kijun, confirm trend will down
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Action:
-Wait: Price Action
breakouts the daily support will open SHORT TRADE
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