You can share your LOVE , by giving me LIKES and COMMENTS : this your action will inspire me to work more and more... Hey, My dear Trader s(Friends), This is my second posted an idea , the first Idea was successfull y target achieved. On the parallel channel( value area ) are plotted following analysis-: At the value high, 4 yellow dotted. 5...
Weekly chart-: price was rised with volume surged 3x from avarage volume which is clear sign for change in trend or rythm. Value area on the daily chart-: The gravitation-line(c) is strong perform as resistance which will be at 110 nearby. Thereofore, 110 is target for you easy and safe. --> 111.3 is at the value high which is also possible as...
If we look at the volume profile since the fall from 6k we can see some very defined levels. i) Value Area High: 4105 this will be our major resistance moving forward. ii) Value Area Low: 3346 this will be our major support moving forward. iii) Current POC: 3581 this will be our zone to watch for a further retracement downward. iiii) Developing POC: 3800 this...
12hour Bearish TK Cross, but its above the cloud so its a weak cross, but because price is below all lines and the cloud it is quite bearish. 3hour Red Cloud resistance ahead of price. We are starting to see a small relief bounce, but not convincing just yet. 1D Significant levels at 3287 (closest support) 3625 (closest resistance) and 3943 (next major...