1h & 4h Green Zones are safest entry Zones.
Stop loss Below.
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.
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
Please never buy unless with confirmation the market is not good.Must manage the trade with stop loss.
All Major indices at all time high with extreme greed.
That for sure needs extra care to be taken.
With that being said Green Zone is Solid Support.
Note
The Bigger Image of Tesla 202$ price level is the next support level. if price didn't respect the 4h Green Zone.Note
just noise before reaching Green Zone.Trade active
Selling on Major indices is Significantly High related to pervious days for last hour.Regarding Tesla it still noise still the bottom for sure not found.
Tesla also one of many if not most of market were under selling pressure.
we will be continue tomorrow.
Note
Despite all negative news going regarding Tesla.Tesla is stock Historically its movement never related to the financial sheets (which is disaster most of time).
with all bad earnings tesla always find a way to recover and go higher we just try to find safe entry.
Note
sometimes I wish I have crystal ball to predict future precisely, but anyways. I'm very aware of current Tesla movement.
Unless Tesla price go above 333$ price level anything Below is just noise and risky to buy.
Green Zone still Valid strong Support levels to be respect.
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.