Green Zone is Safe Entry.
Stop loss below Green Zone (or blue line both are supports with 200MA below too).
Red Zone is Sell.
Note: each line(E.g. blue lines) acts as Strong Support/Resistance.
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock (safe way):
On 1H TF when Marubozu/Doji Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu/Doji Candle, because price will always and always re-test the
Stop loss below Green Zone (or blue line both are supports with 200MA below too).
Red Zone is Sell.
Note: each line(E.g. blue lines) acts as Strong Support/Resistance.
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock (safe way):
On 1H TF when Marubozu/Doji Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu/Doji Candle, because price will always and always re-test the
Note
this chart bit complex I prefer to make it easier but let it be more complex this time.Trade active
Guys sometimes price don't touch the zone due to high power of selling/buying in it be aware and never be greedy to wait for 1-2% extra of profit or missing out.Trade closed: target reached
Target reached on dot.Note
Red Zone Rejecting price to go further as its Strong Selling Zone with stronger SellersNote
IONQ price can go to next Red Zone at 51.60$ Price level despite strong sellers.Note
but yes for those who join IONQ too late its so risky. Note
Sellers In Control.Note
No Mercy Selling PowerNote
Take Care Guys. I end Up this Analysis here as it was good 16%+ profit in 3-4 daysNote
the chart is highly Valid each Line is Support/Resistance.Note
Out-dated chart
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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.