⚡️Price Analysis:
1️⃣ Price has reached a crucial demand zone.
2️⃣ Price rejected from marked Sz.
3️⃣ Recent price action shows increased volatility with strong bearish candles
4️⃣ Trading near EMA support - indicate a bounce on the upside possible.
5️⃣ Price structure is bearish in the Hourly tf.
✨ Key Observations:
➡️ Recent -2.61% drop shows aggressive selling.
➡️ Small caps showing relative weakness compared to large caps.
➡️ RRR best near 17,000 round level with tight stops
➡️ Risk Scenario: A break below 17,000 could trigger panic selling towards 16,000.
➡️ Expecting initial bounce attempts from the Dz & EMA
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Are you tracking any specific smallcap stocks? Share in the comments below! ✌️
🔥 Happy Trading!✅🚀
1️⃣ Price has reached a crucial demand zone.
2️⃣ Price rejected from marked Sz.
3️⃣ Recent price action shows increased volatility with strong bearish candles
4️⃣ Trading near EMA support - indicate a bounce on the upside possible.
5️⃣ Price structure is bearish in the Hourly tf.
✨ Key Observations:
➡️ Recent -2.61% drop shows aggressive selling.
➡️ Small caps showing relative weakness compared to large caps.
➡️ RRR best near 17,000 round level with tight stops
➡️ Risk Scenario: A break below 17,000 could trigger panic selling towards 16,000.
➡️ Expecting initial bounce attempts from the Dz & EMA
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Are you tracking any specific smallcap stocks? Share in the comments below! ✌️
🔥 Happy Trading!✅🚀
הערה
Price is reacting as per expectation.
Anubrata Ray ⚡
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Anubrata Ray ⚡
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.