R3 LRS 1944 (SMC Supply Area)
R2 MRS 1938 (SMC Supply Area)
R1 HRS 1934
S1 HRB 1929
S2 MRB 1919
S3 LRB 1909 (SMC Demand Area)
SELL> 1934 - 1938
BUY> 1919 - 1929
FOLLOW UP
D1 On support Sma44/1927 Sma200/1923
W1 On support Sma44 / 1915
MN 38.2% / 1903 Macro Fibo at strong Support OBSERVATIONS: Golden Cross in H1, meeting of SMAs in H4, All large time frames’ SNRs on support. What else a trader required whose work plan is totally based on technical analysis? We are in bullish trend. All level sells will be high risk and we should consider to find a comfortable buy position. For a reminder, above 1918-23 we are bullish and below we are bearish is observed. For the day most comfortable place to buy is between 50%/1922 and 38.2%/1925. SMC and Sma44 both are in this range. Good luck.
R2 MRS 1938 (SMC Supply Area)
R1 HRS 1934
S1 HRB 1929
S2 MRB 1919
S3 LRB 1909 (SMC Demand Area)
SELL> 1934 - 1938
BUY> 1919 - 1929
FOLLOW UP
D1 On support Sma44/1927 Sma200/1923
W1 On support Sma44 / 1915
MN 38.2% / 1903 Macro Fibo at strong Support OBSERVATIONS: Golden Cross in H1, meeting of SMAs in H4, All large time frames’ SNRs on support. What else a trader required whose work plan is totally based on technical analysis? We are in bullish trend. All level sells will be high risk and we should consider to find a comfortable buy position. For a reminder, above 1918-23 we are bullish and below we are bearish is observed. For the day most comfortable place to buy is between 50%/1922 and 38.2%/1925. SMC and Sma44 both are in this range. Good luck.