TraderK159

Analyse 4H TF on JOHNSON & JOHNSON

NYSE:JNJ   Johnson & Johnson
HI,
I have a zone here, where I marked current strong support and current strong resistance, these zones as such, correspond to the volume profile, the price is currently at the upper limit of our resistance, my prediction is that if the price did not break current resistance and would return back to my support, so based on still other indicators I would choose to enter the trade towards a long position.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.