MES1! a nice setup to the downside.

58
Looking on the HTF, my gut say we are bound for the last level presented in the idea.

We have 3 potential pivot therefore 3 take profit areas.

1. 6042.75 - If this becomes support we are unto a big move to the upside. A running SL will be made.
2. 6029.75 - This support is a very strong one which is highly probable to be the pivot we are looking for (IF WE GET ACCEPTANCE BELOW 6042.75)
3. 6015.00 - Expecting a huge bounce here therefore a high probable long setup can be prepared here

Not
This is a conservative entry. Entry that will be preset of mine will be @ 6055.00

Reason is simple
1. 0.618 of last impulse to the downside.
2. near nPOC of a small range

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.