SmokyTwoTwo

SmokyTwoTwo

*High High- 1917.14 High Low- 1757.17 *200 EMA above 50 EMA indicating bear market *Tweezer Bottom in view *Inverse Head & Shoulder *3 Falling Method (receding candle formed a gravestone doji) *Price rejection at the neckline *Strong Support ( Resistance Turn Support) if price is held at support zone then a retest is expected *Market closed and price is...

SmokyTwoTwo

A possible breakout from supply zone will result to a bullish market confirming our bull run , after a retest , the demand zone held the price and pushed to test resistance again. If a Breakout is confirmed a RALLY till 1972.88 is expected with an extension of 2018.91. Resistance turn Support at 1948.43, should a breakout happen it will result to price...

SmokyTwoTwo

Drop - Base - Rally Zone Drop from 1811 - Base Of 1803/1798 - Rally To 1813 TG:1819 Ext Drop: 1796/1794 A drop-base-rally zone form after the market has been falling and there is high percentage of retail traders placing sell orders at this time which shows there is lot of profits to be made. The bank traders comes into the market and consumes all sell orders...

SmokyTwoTwo

A breakout and a possible retrace before testing resistance.

SmokyTwoTwo

A close above the high of preceding candle will signal a long position Set stop loss at the low of the preceding candle

SmokyTwoTwo

Aiming to test resistance after been Rejected by support level

SmokyTwoTwo

Use 1 & 15 minutes timeframe to see breakout for possible buy

SmokyTwoTwo

What do you think ? Super Bullish ?!!

SmokyTwoTwo

What do you think? Is it a BUY Signal or breaking support 68-69

SmokyTwoTwo

Been resisted at 1771 , a dip till 1763.32 to test strong support before it pumps to TG 1780

SmokyTwoTwo

Close above 1774.79 will breakout from consolidation and pump till 1780.12 . But a close below 1768.70 will breakout and dip down to 1763.06 for support. Waiting to confirmation the buy signal to test Resistance 1780.12 !!!!

SmokyTwoTwo

If price closes below 1774.32 it will test 1763.34 for a support to 1780.00 or a breakout till 1750.68 to test stronger support.