SulthanAbiyyu

SulthanAbiyyu Updated 

I do believe that NJ already done with the very long correction wave. I do Believe that the price now making waves 2, so there is a very good potential for buying. The reasong is: 1. The price is sitting on 61.8% fibo levels 2. Divergence on stochastic in buy zone Personally, i'm not taking this trade yet, because the price is still not showing a reversal...

SulthanAbiyyu

The reason is: 1. The price already done with the correction form 2. The price was sat on 78.6% fibo levels 3. The price made pinbar chart pattern 4. Stochastic divergence on buy zone notes: this is could be a long term trade, so be patience

SulthanAbiyyu

As we can see, the price is currently have done with the correction. The idea is: 1. The correction form already complete (WXY with a complex X wave) 2. The Price is rejecting 78.6% fibonacci levels 3. Pinbar candlestick pattern with a Very long tail So, we can expect the price to go up and do a first wave again. notes: This is a long term trade, so be patience!

SulthanAbiyyu

As you can see, the price is currently seeking to the QML zone. Because it is a FTB or first time back, so we got a high probability that the price will fall down. As a filter, there is a Flag Limit zone near the QML and there is a SRF and the price is at trendline resistence. As an entry, i'll use Stochastic (5,3,2) to the overbought area. REMINDER! there is no...

SulthanAbiyyu

There's still two scenarios here. if the price closed and performing a bullish pinbar or another bullish pattern, the price will high potentially break the resistence zone and start to pullback and gonna go up. considering the 21 EMA is below the price, the momentum for bullish is still strong, and it's a fresh trend. However, don't forget with the second...