Weekly
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
Daily
- Stochastic around 40’s? Y
o Previous low broken? N
o Previous high broken? Y
4 Hour
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
1 Hour
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
15 Min
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
Indication: Price should test previous support zone. Weekly – 4 hour tells me that price should strike back up to resistance once it’s done testing the support. 1 hour and 15 min tells me that price still needs to fall further before it challenges at least 50% of last high using Fib! I set a buy limit @ 134.391 and will be watching price next week to see if there are newer high’s created before it hits that price point.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
Daily
- Stochastic around 40’s? Y
o Previous low broken? N
o Previous high broken? Y
4 Hour
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
1 Hour
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
15 Min
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
Indication: Price should test previous support zone. Weekly – 4 hour tells me that price should strike back up to resistance once it’s done testing the support. 1 hour and 15 min tells me that price still needs to fall further before it challenges at least 50% of last high using Fib! I set a buy limit @ 134.391 and will be watching price next week to see if there are newer high’s created before it hits that price point.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
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.