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Leaked_Timeline
Jan 19, 2018 8:27 AM

NXT: Planning the trades. Long

Description

NXT's Chart giving some informations and this may a good opportunity to place positions.
The NXT price moving between 2 strong Reaction Areas that marked on the chart.
The Blue Areas are my Entry zone.

The Precision Trade Area:
  • I'm going to take this First before its goes to higher and the "Confirmed zone" is one of mini sell zone.
  • My stop for this is below the "Reaction 2"


The Confirmed Trade Area:
  • In case I missed the previous area,this is the second chance for me to participate and only after the price broke and hold above this area.
  • My stop for this is using the "Precision Area"


After NXT Broke above the Reaction Area 1, the target should be openned
Comments
19goldenboy83
Sorry for beginer question, but Reaction area is the target, since it broke trend line? Thank you for TA :)
Leaked_Timeline
Not actually. . . but you can understand that way @19goldenboy83, :)
These Reaction Zone are the bigger zone and stronger than the others
Hope this help :)
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