to open a long position with a high chance to continuing: 1 wait for the local high of 123.98 (L1) to be update and new local high of L2 to be formed 2 wait for a pullback and formation of a low 3 you can open a long position when L2 breaks
Upon reaching level 1, a long trade with a target of 100,000 is initiated with the objective of updating the local maximum. We are awaiting a correction to the level of 99,000. Should the maximum of n1 be exceeded in an upward direction, we will commence a long trade with the target of reaching 103,300.
1 two weeks ago a pin bar was formed, with good volume, where the seller showed his strength. 2 last week and this week is a test with declining volumes, which confirms tthe buyer's weakness. 3 If the current week does not update the maximum, it possible to open a medium-term short position.
1. Waiting for the price to enter the Sell zone, the best entry point to sell after updating the local Hi > 36 2. purchases only from the buy zone
double top 1st target 98000 2nd target 90000 3st target zone 75000-85000
formed a false break-down, then the test of 50.3 and the move to weekly consolidation in the around of 60, from there again to test the next low.
the price is back in the local Hi test area. sprigs candle low volume weakness
the price is within the range of the previous day awaiting further correction to the targets: min 138000 The most probable resistance level to a range of 140,000 -142,000 is the main resistance level, at this level you can look for a set up in the down trend. second resistance level 149,000 - 152,000
W: absorption candle a large range is not confirmed by an elevated volume. Further growth is possible, but not for a long time - the market is weak. Basic levels at the beginning of the week, where I'm looking to set up: 1. previous week's Hi 57.53 If the price goes higher, the LONG input will set up trend continuation (retest, consolidation breakdown, VSA) If...
Very strong level. Fourth time we rebound. awaiting further downside
confirmation of power: drop buyback two days in a row no new minimum above the previous day's maximum closed above the previous day
until the price is within the range, the direction is not determined.
stop action over a very large volume the Lo test is still possible, but it's more like up.
1 very large volume of trading - looks like somebody big came out of the paper. 2. a false positive on an oversized volume. 3 closing of the day below the middle of the range it's likely we won't see the Hi update for a very long time.
1 first sign of strength: the biggest volume in the last few days is the buyback of the fall, have closed above the middle of the range and above the previous closing. 2 may be an absorption candle. if we close the day above yesterday's opening, is to confirm the local power of the market.