Price will Re-test Blue Line.
Blue Line act As Strong Support level now.
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
Blue Line act As Strong Support level now.
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
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Red Zone is Final Target for this movement but it still yet far.أغلقت الصفقة: تم الوصول للهدف
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Wait for Confirmation don't jump the market not stable these days. it seems to me like Bull Trap Despite all positive news going on.ملاحظة
.05 Fibo entryملاحظة
3000 years later....ملاحظة
i just want to prove a point that price re-test the .50 Fibo level most of time and its safest entry.Major indices at major resistances I tend to not trade anything today sometimes and do different staff online.
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Just Last Update how it ended up with the close.The Candle indicating Up movement by tomorrow "hopefully no sudden hazard news"
We Waited to re-test Line. Marubozu Candle to Show Up. then buy on 0.5 Fibo (usually my stop loss 2% very tight)
Cheers & Take Care !
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Now CRSP will target range of 40-60% profit to red zone (watch out for any selling pressure at Red Zone), have fun bye!ملاحظة
for short term traders.take profit line is dangerous zone.
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selling volume too high stop loss reached.Major indices dragging stocks down since its all at major resistances.
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Insider was buying stocks equal of 51M $, which was behind the huge selling pressure and break of Blue Line.Once inside Buy it means only one thing stock under-valued.(which is)
Now CRPS back to Up-Movement Strongly.
Personally I will Buy stock now once i see any pullback during session specially early hour.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.