Safe Entry Zone TXG

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Note: Switch to 1h TF for better details.

Current Movement Stock Ranging Between Two Zones Red(Selling Zone) & Green(Buying Zone).

In case Stock pass through the Red Zone Resistance Zone. It has 3 Signification Resistances which you may Secure Your Profit.

Resistances Are:
1- Red Line (200MA)
2- First P.High(Previous High) @ 11.77 Price Level.
3- Second P.High Line @ 16.54 price Level

Note: 1- Potentional of Strong Buying Zone:

We have two scenarios must happen at The Mentioned Zone:

Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.

Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.

2- How to Buy Stock:

On 15M TF when Marubozu Candle show up which indicate strong buyers stepping-in.
Buy on 0.5 Fibo Level of the Marubozu Candle, because price will always and always re-test the imbalance.

Penafian

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