Now exactly price is neckline...but the sell side liquidity is above the 43800 levels..
after clearing the SSL then price is looking for the BSL, then we have a chance of running back to below 43200 levels...
we have a chance of right shoulder here at 43500 levels...if price failed to push the price up from Right shoulder, we have a fall back to below 43200 levels, with a consolidation below 43450-43200 levels....So keep in wait mode until price clears the liquidity above 43800-43850 and falls back to right shoulder....
Will go for short side when right shoulder fails to formation....
Thank you guys for your support....
after clearing the SSL then price is looking for the BSL, then we have a chance of running back to below 43200 levels...
we have a chance of right shoulder here at 43500 levels...if price failed to push the price up from Right shoulder, we have a fall back to below 43200 levels, with a consolidation below 43450-43200 levels....So keep in wait mode until price clears the liquidity above 43800-43850 and falls back to right shoulder....
Will go for short side when right shoulder fails to formation....
Thank you guys for your support....
Note
exactly open at resistance....wait before long...Note
if no continuation move then will enter in shortside...Note
If unable to break below...then will wait until price breaks the trendline and then retrace then only short...Note
unable to break upside...Note
Exit from long positions....
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.