Current price Movement Down.
the Green 1h Zone will be respected.
Note: 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.
the Green 1h Zone will be respected.
Note: 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.
Note
In Case No Buying Power At Support Zone. Wait price level 13.44 was major Resistance Line Price may re-test it again. and acts as strong support level now
Note
How to Buy Stock:On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
Trade active
First Resistacne @ 17.90 price level Second Resistance @ 1h Red Zone
Watch-Out for any selling pressure to Secure Profit
Trade closed: target reached
Price Rejected from First Resistacne @ 17.90 price level Note
Even after reaching Target. Rest of Chart still Highly Valid, its the map for price future movement.Price will Always Follow the Market Structure.
Below Lines are P.Highs(Previous Highs) are Significate Support levels.
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.