TIMKEN High probability Long
- WEEKLY DIRECTION
- PULL BACK FINISHED TO 50% at discount zone.
- Price reacte from W1 RBS, by creating D1 Engulfing
- Went till W1 Recent SBR and tried to fall down but stopped at same zone, double rejection.
- New D1 EG buy seen, Long suggested tomorrow with SL below Structure.
- 1st TP recent W1 R
- Next SWING HiGh
- This is uptrend so swing high is expected to be broken, on daily break down some profits can be taken.
5900 is projected SWING.
- PULL BACK FINISHED TO 50% at discount zone.
- Price reacte from W1 RBS, by creating D1 Engulfing
- Went till W1 Recent SBR and tried to fall down but stopped at same zone, double rejection.
- New D1 EG buy seen, Long suggested tomorrow with SL below Structure.
- 1st TP recent W1 R
- Next SWING HiGh
- This is uptrend so swing high is expected to be broken, on daily break down some profits can be taken.
5900 is projected SWING.
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