Traders,
On weekly chart, we can not say a support zone is coming yet. But on daily chart, we are now waiting for a engulfing pattern to tell us if this orange zone is a support zone now.
The RED wave is what we expect after the support zone is confirmed, and a retest of 11500 after that.
This is a long-term sideways movement that trading strategy is easy to find out. Buy low, sell high.
Less is more!
On weekly chart, we can not say a support zone is coming yet. But on daily chart, we are now waiting for a engulfing pattern to tell us if this orange zone is a support zone now.
The RED wave is what we expect after the support zone is confirmed, and a retest of 11500 after that.
This is a long-term sideways movement that trading strategy is easy to find out. Buy low, sell high.
Less is more!
Note
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Contact:
Tele: @VeraFuntrader
Wechat: ZIYUVERA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.