Bullish ReversalPretty clear the downtrend has been broken and I'm of the belief that this is currently a bullish retracement (working on wave 2) - Overall this will end up being a long term swing for months/years if I'm correct.
4DX trade ideas
4DXNEWS CAT
1JUL "4DMedical signs deal to supply lung imaging technology to Australian radiology clinics"
Looking for Option A
Or
Looking for Option B
Option B would provide a nice entry if we could flush down into that lower TF range in Blue. This range was the last range on the 5 minute chart that sent the price moving a lot higher. 22% approx.
Trigger is a break of the falling resistance line.
Confluence is a move above the 10day EMA, Above VWAP, a reclaim of the RL range marked on the chart.
4DX - Buying Opportunity4DX has broken its downtrend line with force and high volume, indicating a change in trend. Any retracement lower could be a very good buying opportunity. I expect price to test its support or any retracement lower could be a good opportunity to buy. My Buy Zone is between $1.500 - $1.550, where I would be monitoring price action and buy after bullish price action confirmation.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
$4DX another tl break and news. Or is it the other way round.Big day out fo the kid. Well done buyers and sellerts.
Classic setup for the scrap book that one. Ta AT.
$4DX - loves a contraction. $2.45 pot. buy pointThis one looks like it needs a little flag around this 2.40/2.45 level before it can take at that $2.44 supply area.
Love new listings.
