Hi guys,
in this analysis I have used session volume, price action, Fib and my own indicator (using CCI and RSI) which you can use it for free and 320 people already using it.
//possible supply zone
As you can see, clearly the trend is downward and sell positions are more preferable. I have pointed out a line that could be considered to open a sell position as price broke that area with a strong momentum towards down. Here you can see it in the picture on 1hr timeframe.
//possible demand zones
The first demand zone I am going to be mention might not work as a strong area of demand and only open a trade for lower timeframes such as 15min and 1hr. The first green zone close to the price is the zone that is supported by volume, price action and Fib extension.
here is the price zone :
0.1963
0.1836
and then the second green box, as you can see it played a great role as an Resistance and support in history and volume support this TA.
price zone is :
0.1438
0.1379
What I am looking for is a stronger buy is a signal with my indicator that I optimized its setting to give me a confirmation with a buy signal in either one of those zones.
in this analysis I have used session volume, price action, Fib and my own indicator (using CCI and RSI) which you can use it for free and 320 people already using it.
//possible supply zone
As you can see, clearly the trend is downward and sell positions are more preferable. I have pointed out a line that could be considered to open a sell position as price broke that area with a strong momentum towards down. Here you can see it in the picture on 1hr timeframe.
//possible demand zones
The first demand zone I am going to be mention might not work as a strong area of demand and only open a trade for lower timeframes such as 15min and 1hr. The first green zone close to the price is the zone that is supported by volume, price action and Fib extension.
here is the price zone :
0.1963
0.1836
and then the second green box, as you can see it played a great role as an Resistance and support in history and volume support this TA.
price zone is :
0.1438
0.1379
What I am looking for is a stronger buy is a signal with my indicator that I optimized its setting to give me a confirmation with a buy signal in either one of those zones.