meeky24

meeky24

Price is lingering in a no trade zone we're going to wait for confirmation for a buy or sell, levels of the marked trade cautiously

meeky24

We have a classic case of stock price rest on support. We've seen multiple reactions in that area of support our trendline is adding on as confluence to this trade idea. Risk accordingly

meeky24

We could see a respect of the head and shoulder or we would rally back to previous high around 2047

meeky24

Scenario A or scenario B. I'm banking on a sell. Consider risk management if you take this setup

meeky24

We could see a small bearish move and then an upside

meeky24

Look to have a break from our consolidation zone then after we can initiate a buy. Trade safe

meeky24

After a rejection of the 61.8 fib zone we're range bound between the 71.8 and the 1.0 fib zone I'm on the look out for a sideways ranged market sentiment where we'd most likely have price test and reject the trendline Remember to trade safe

meeky24

After a rejection on the 61.8 Fib zone we're range bound in between the 61.8 and the 78.6 I'm clearly bullish after we see price test and reject the continuing trendline Remember to trade safe

meeky24

If we have price breaking above then we are clearly bullish the opposite is true. Trade safe