Long Term: ESZ is forming patterns to go upto 2 day target on a long term. 3,5,7,60 mins are in con. positive. So it is expected that it will go to 1 day atleast by taking support from 5 mins atleast then come down for a HTF support then bounce again to 2 day. It has already started forming the base for the bounce. (THERE IS ALSO A CHANCE THAT IT WILL DROP FROM 1 DAY RESISTANCE AS 1 DAY IS IN CON. NEG.)
Short term : On a short term ESZ is expected to take support from 5 or 10 mins and then bounce atleast upto 1 day. There is also a chance to go to higher time frames target due to the positive RB trend and con. neg pattern in LTFs.
strength : 5 mins (for long trades) and 2 hours(for short trades)
Confirmed Positive : 3,5,7,60 mins
Largest TF Positive Indicator : 2 Day
Largest TF Negative Indicator : 3 Hour