Weekly
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
Daily
- Stochastic around 40’s? Y
o Previous low broken? N
o Previous high broken? Y
4 Hour
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
1 Hour
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
15 Min
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
Indication: Price should test previous support zone. Weekly – 4 hour tells me that price should strike back up to resistance once it’s done testing the support. 1 hour and 15 min tells me that price still needs to fall further before it challenges at least 50% of last high using Fib! I set a buy limit @ 134.391 and will be watching price next week to see if there are newer high’s created before it hits that price point.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
Daily
- Stochastic around 40’s? Y
o Previous low broken? N
o Previous high broken? Y
4 Hour
- Stochastic around 40’s? Y
o Previous low broken? Y
o Previous high broken? N
1 Hour
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
15 Min
- Stochastic around 40’s? N
o Previous low broken? Y
o Previous high broken? N
Indication: Price should test previous support zone. Weekly – 4 hour tells me that price should strike back up to resistance once it’s done testing the support. 1 hour and 15 min tells me that price still needs to fall further before it challenges at least 50% of last high using Fib! I set a buy limit @ 134.391 and will be watching price next week to see if there are newer high’s created before it hits that price point.
If you agree I would appreciate your LIKE, FOLLOW, OR COMMENT
If you disagree let’s talk this thing out!
I’m a new trader looking to learn and grow with this great community so let’s work!
Hope your trading week is going well!