Opportunity Zones and Next Best Trades - PreMarket
These zones were created starting with a daily chart - which seems to show the forming of a double top. Pivots were established on the 4H chart with woodie points to confirm strong levels with prior volume profiles. Auto-fib levels were used to confirm next best trade opportunities.
Strong support at ~24 (trading zone marked in green), anything below this area looks weak and could confirm the double-top.
Strong resistance areas marked in red around ~37 and ~52 (trading zones marked in red).
pivots (marked in blue)
R2 - 92
R1 - 57
PP - 36
S1 - 01
S2 - 80
Strong support at ~24 (trading zone marked in green), anything below this area looks weak and could confirm the double-top.
Strong resistance areas marked in red around ~37 and ~52 (trading zones marked in red).
pivots (marked in blue)
R2 - 92
R1 - 57
PP - 36
S1 - 01
S2 - 80
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