22:00 EST 5/11/2018
Long Term: ESZ moved down to 2 weeks support. Althought it has a tendency to hit even lower time frame support. But before that it needs to take some resistance. It is expected to go to 3 week support(2550) if the 2 week breaks or pierce a bit lower. Now 2 weeks is the deciding factor. If 2 weeks gives support then it is expected to bounce atleast upto 1 day. Currently there is no green candles in 1 day but may form during the course of time.
Short term : On a short term ESZ 30 mins has a green candle and is expected to hit its target. As all the time frames are neutral and it is also taking support form 2 mins.(It is also taking support from 2 hours.)
Confirmed : Nothing
Largest TF Positive Indicator : 1 day
Largest TF Negative Indicator : 3 weeks
Long Term: ESZ moved down to 2 weeks support. Althought it has a tendency to hit even lower time frame support. But before that it needs to take some resistance. It is expected to go to 3 week support(2550) if the 2 week breaks or pierce a bit lower. Now 2 weeks is the deciding factor. If 2 weeks gives support then it is expected to bounce atleast upto 1 day. Currently there is no green candles in 1 day but may form during the course of time.
Short term : On a short term ESZ 30 mins has a green candle and is expected to hit its target. As all the time frames are neutral and it is also taking support form 2 mins.(It is also taking support from 2 hours.)
Confirmed : Nothing
Largest TF Positive Indicator : 1 day
Largest TF Negative Indicator : 3 weeks
Trade closed: target reached:
It went to 12 hours target. (2810)
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