Stock current at SIGNIFICANT Support Level.
P.High's & P.Lows(Previous Highs & Previous Lows) acts as good Support and resistances levels.
1D Green Zone Is Buying Zone.
1D Red Zone is Selling Zone.
Take Profit Line is where you may secure Profit in case any selling Pressure showed-up near the Line it acts as Resistance level an dangerous Zone
In case Break Through red Zone stock will change to UP-Movement and Vice Versa.
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:
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.
P.High's & P.Lows(Previous Highs & Previous Lows) acts as good Support and resistances levels.
1D Green Zone Is Buying Zone.
1D Red Zone is Selling Zone.
Take Profit Line is where you may secure Profit in case any selling Pressure showed-up near the Line it acts as Resistance level an dangerous Zone
In case Break Through red Zone stock will change to UP-Movement and Vice Versa.
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:
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.
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.