Stock Pre-market in Down Movement.
We have Three Main Support Fesh Zones acts as good support for IONQ:
1- The Blue POI IC (Point Of Interesting or Institutional Candle) acts as support level which is interest zone for price to re-test @ 38-36 price level.
2- The 1h Green Zone @ 33-34 Price level
3- P.High (previous High) Line at 29.5 price level
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
We have Three Main Support Fesh Zones acts as good support for IONQ:
1- The Blue POI IC (Point Of Interesting or Institutional Candle) acts as support level which is interest zone for price to re-test @ 38-36 price level.
2- The 1h Green Zone @ 33-34 Price level
3- P.High (previous High) Line at 29.5 price level
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.
Trade active
First Resistacne @ 41.4 price level Second Resistance @ 45.6 Red Zone
ThirdResistance @ 15M Red Zone
Watch-Out for any selling pressure to Secure Profit
Note
Second Resistance @ 45.6 Red Zone is P.High(Previous High) Line **and surely Red Zones Are Places to watch-out Carefully
Trade closed: target reached
Price Rejected from First Resistance @ 41.4 price levelNote
Even after reaching Target. Rest of Chart still Highly Valid, its the map for price future movement. Price will Always Follow the Market Structure
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.
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.