Note: Switch to 1H TF for better View and more details
Stock Current Movement Ranging.
4h Green is buy Zone stop loss Below.
4h Red Is Resistance Zone.
P.High Lines (Previous High) Consider as Strong Resitances!
Also My Beloved CAthie Wood BEST INVESTOR All Time (based on statics better than Warren Buffet Entire Histroy) Is BUYING!
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
Stock Current Movement Ranging.
4h Green is buy Zone stop loss Below.
4h Red Is Resistance Zone.
P.High Lines (Previous High) Consider as Strong Resitances!
Also My Beloved CAthie Wood BEST INVESTOR All Time (based on statics better than Warren Buffet Entire Histroy) Is BUYING!
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
Trade active
watch outfor any selling pressure price at 4h Red ZoneNote
selling pressure showed up on red Zone will be retrace back to build momentum safest entry would be green Zone again.Trade closed: target reached
Hello Guys, i close the Analysis because price start at green zone went to Red Zone and then Back to Green Zone now going Back to Red Zone as mentioned before its at Ranging Movement.Stock Has strong fundamentals to be in strong UP Movement, i believe that what will happen currently stock is ranging before strong up movement.
I may update the stock with part2 once Ranging pattern is broken wish you all good trading days.
Cheers, Take care
Note
Note
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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.