Stock Movement Ranging.
Stock between strong resistance and support level of 4h zones both are significate selling and buying zones. in case breaking-down it will Down-Movement Stock 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.
Stock between strong resistance and support level of 4h zones both are significate selling and buying zones. in case breaking-down it will Down-Movement Stock 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.
Note
You may view it in 1h TF for better details 4h TF just for bigger imageTrade active
Due to General news Breaking-Down the Green Zone will change Stock Direction to Down-Movement.Generally Major Indices Hit by Strong Resistance.
I Strongly Believe current Bull run that started in 6th April Has Ended by now.
We Will Wait For the Dip to Buy Currently we have weekend markets are off we will see how things Escalate during weekend.
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.