After a strong consolidation price moved strongly to the upside...
an indication of short entry....
Identify that the neckline again acts as a strong resistance and not allowing us to go upside...
price taken the entry on short side.....
price again closing in the same range...After a strong consolidation.
Initially price showing bullish pressure but failed to take the price again upside.
again a strong consolidation to rise upside....
indicating a short side....
If tomorrow opens gap up or gap down...
we will wait for the price to retrace back, will also be continue with the trend.
If price opens gap up and continue its momentum towards 45400 levels, we will expect a retracement to neckline...
will see what happens in the next session.
an indication of short entry....
Identify that the neckline again acts as a strong resistance and not allowing us to go upside...
price taken the entry on short side.....
price again closing in the same range...After a strong consolidation.
Initially price showing bullish pressure but failed to take the price again upside.
again a strong consolidation to rise upside....
indicating a short side....
If tomorrow opens gap up or gap down...
we will wait for the price to retrace back, will also be continue with the trend.
If price opens gap up and continue its momentum towards 45400 levels, we will expect a retracement to neckline...
will see what happens in the next session.
Trade closed: target reached
Done few Note
remaining to target 3Note
keep your next target to 44650 levels.Note
Keep safe no fresh short...it will eliminate again...Note
consider this as a pullback and enter 2nd trade.Trade active
Note
Trade closed: target reached
target 1 of daylow done.Note
now change your to entry point. or just above the zone.Note
stoplossNote
safe ones exit.Note
ALL these trades are yesterday's ....Note
safe ones exit better again volatality increases.Note
drop base drop is going to observe...keep in the trade.Note
Don't initiate any fresh trades...short you might be in riskNote
safe ones close almost 80% of short...Trade closed manually
Note
I exited all my shorts...Note
An elimination move will come...safe ones exit short.Note
risk one enter long with me.Trade active
Note
Keep safe.Note
safe ones keep your stoploss to below trendline..Note
safe ones exit Trade closed: target reached
Long side target 1 done.Note
After target 2.... I will give one more trade...keep trackNote
safe one's exit..it may hit or fall happens.Note
Don't go for short side...immediately.Note
enter long again..on break target and SL as shown.Note
Keep change your Sl little upside.Note
safe ones exit at 1: 1Note
move your SL to entry.Note
this is an elimination move...before going up.Note
some times the red circle zone, will push down wards...keep look at the place.Note
safe ones exit before the selling pressure comes.Trade closed: target reached
Target 1 done.Trade closed: target reached
Target 2 also done....Note
Done for the day...no more trades...will see in the next session.
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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.