Broadcom Inc.
做多

A return to major structure and test of support hints at a =BUY

270
1: this is the point where the buyers originated from

3: we establish a support at the supply area of #1,
that we have some sell orders here

4: at this point number 1 turns into a solid major low,
it is a major low as it is part of the major structure,
and a key part of it, number 3 surpassing number 2 makes
it a solid minor low, as it is part of the minor structure ,
and the buyers surpassed the sellers from 2

what do I think will happen?

* if it happens like I think, it will look obvious, or I will
look like I have no idea what i'm talking about, but here we go..

* if prices comes back into the zone above we know via stats,
the last 2,500 bars, if price closes in a zone it has a 68% chance
of reaching the next zone up

* so we can set a stop order there and use the fact that we are
both at a re-test, the original test which occured at 3, and we are at
a solid major low, the stop loss below this would be the logical move

* the expected move up would be to surpass number 4

* if price closes into the zone below, the trade is invalidated as its most
likely path is the genesis of 1 , which is our stop loss.

* as far as divergences go, we have hidden bear divergence for more rsi and mfi

* we are also oversold on both

* we also benefit from the fact that the low 1 and 3 are bottoms on mfi and RSI , and if we use a support horizontal line, it pinpoints this being another low.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。