Last week we see a Scenario1 Rotation followed by Scenario3. Market descended on strong volume, very nice short.
Possible scenarios considered are: 1) Market continue to be in rotation between 33205-32500 = Wait 2)32728 becomes support 3) 32728 becomes rejected and market return to test 30584-30926
Price reaction levels Short on Test and Reject | Long on Test and Accept
Weekly: Ave vol down bar close at low = Supply remains Daily: Ave vol down bar closing toward low = Supply remains H4: Ave vol down bar closing off low = some demand present
Remember to like and follow if you find this useful.
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.