AsimMirzaTrader

AsimMirzaTrader Updated 

Bearish trend confirmation indications: 1. Formed Head & Shoulders and breaking the neck line 2. From last 6 weeks consolidating below the neck line, which make a zone of 6.75 - 4.75 which is a "NO TRADE ZONE" for us, we let Bulls & Bears decide. 3. Closing below the high volume price range that is $6.06 4. Next major support is at 4.65 range, which can be a good...

AsimMirzaTrader

Z1P is consolidating and coiling for some days now and expected to move lower as the Neckline is broken. Price is expected to move lower to either Support 1 or Support 2 (in that Gap Window) to give a very good buying opportunity and move higher from there. Note: Please note these are my notes for my own future reference. By no means trading advise to anyone....

AsimMirzaTrader Updated 

1. RZI looks good with good volume. 2. Has been consolidating for a while between 0.70 and 0.73 zone. which is very healthy sign. 3. Bulls are trying to take over, pushing the price up with force to high volume trade zone at $0.865 range. 4. Over all trend is up with confirmation. 5. Good buying position is 0.800 6. I think the first take profit should be as...