Supply & Demand Zones M/W/D Price Action Major Quarter Point 70.00 Monthly: price at a previous LOWER LOW July 1 2015 70.00 price potential retest at the 70.00 price level and sell to the previous most recent low to create a lower low or reject the low. Also touching blue monthly Down ward trend line acting as resistance. power of three occurring with three consecutive bullish candlestick . potential sell 3 weeks or potential consolidation for 3 month. weekly weekly supply zone at the 70.00 price major quarter point. Looking for rejections daily also reaching supply zone 4Hr TF bullish losing steam looking for a breakout of the uptrend and a retest multiple times at least once to place a trade and if another retest for a second order. if it goes above pips and r and it starts showing selling behavior ill be looking for a nice entry for sell and hold. anything above 75 pips above 70.00 i wont be selling. will wait it out for a better sell entry at a higher supply zone sell 70.00 SL 30 pips above 70.00 TP 67.50 trade and hold your cojones ( no homo) for this one high percentage shot! Power of three :three Week Bullish three week sells potential retest at the weekly supply zone zone highlighted in orange rectangle box
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.