The selling force was almost gone when ALICE retested the $6 zone. This is the time when we can accumulate ALICE and expect a strong rally to the zone of $7.5, $8.5 and $10. However, if it loses the $6 zone, we need to be careful because it will continue to fall sharply to the $5.2 and $4.6 zones.
ðRED PLAN
âŧïļCondition : If 1-Day closes ABOVE 6$ zone
ðīBuy : 6.5 - 6
ðīSell : 7.5 - 8.5 - 10
ðBLUE PLAN
âŧïļCondition : If 1-Day closes BELOW 6$ zone
ðĩSell : 6
ðĩBuy : 5.2 - 4.6
âDetails
ðRed Arrow : Main Direction as RED PLAN
ðBlue Arrow : Back-Up Direction as BLUE PLAN
ðĐGreen zone : Support zone as BUY section
ðĨRed zone : Resistance zone as SELL section