We broke market structure when price went above the previous top made on the 20th of Aug. That means we're now looking to go long when a retracement happens.
Specifically, we're looking for a retracement into the following zone of confluences:
previous range support (green box)
fibonacci golden pocket (yellow box)
weekly VWAP (orange line)
SMA 200 (blue line)
A dip into this area would potentially provide a great long opportunity. Set your alert and chill!⏰
Not
As price moved further upwards, the confluence zone changed. I'm currently interested in a drop towards the:
* sma 500
* vwap weekly
* fibonacci golden pocket
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.