JeisonGV

JeisonGV

Daily down Trend Line was broken and upper Trend Line too, we need a retest on the upper tren line, so wait for longs on the Supply Zone using price action

JeisonGV

Wait Price action on 1.40000 and go

JeisonGV

Supply zones and price action

JeisonGV

First we can see a broken symetric traingle with the retest and a Supply zone, when the price arrive to the other zone we have to wait the price action to go to Shorts.

JeisonGV

1- Need a reversal movement to create market structure and to touch the trend line 2- Wait an acumulation on the monthly resistence and use candlestick pattern to short trade 3- Target on 61% Fibonacci

JeisonGV

Price Action: 1- We need a retest for the broken Daily trend and a third touch of the downtrend. 2- Using Fibonacci ABC, we need the C point between the 50% and 61% Level, to go to the Daily Key Level.

JeisonGV

Price Action: Daily: Using Fibonacci ABC, we are just now in 61.8% with Supply searching point C. H4: We can see an HCH, searching the second shoulder, and using Fibonacci ABC, searching the other point C to then take short position, and find the third touch of the Daily trend line.

JeisonGV

Price Action: Weekly: Stock Price is right now in a Double Bottom, and doing the third touch of the weekly trend line. Using Fibonacci ABC we can see that we need a C point to continue the bearish sequence. Daily: We can see better the third touch of the weekly trend line, and the strenght of the monthly support in 44.00. The daily trend need a third...