8150 Setup for Long
8150 1H Setup
1- Trend was bearish then sideways and now
showing bullish move
2- Recent top can be considered as LH and price can go down to create the next LL (if Support of 10.6 is broken)
3- Volume is Average on Day
4- Next Support is at 10.6 which is very strong Support (never broke before)
5- Next resistance is at 14.67
6- Divergence is over sold, so price need to come down
6- Entry Zones
-Zone1: 11.8 (small support)
Zone 2: 10.8 (strong Support)
1- Trend was bearish then sideways and now
showing bullish move
2- Recent top can be considered as LH and price can go down to create the next LL (if Support of 10.6 is broken)
3- Volume is Average on Day
4- Next Support is at 10.6 which is very strong Support (never broke before)
5- Next resistance is at 14.67
6- Divergence is over sold, so price need to come down
6- Entry Zones
-Zone1: 11.8 (small support)
Zone 2: 10.8 (strong Support)
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.