The price is consolidating in a pennant and I think it should break out before breaking down to show a false breakout and trap us.
If price firstly breakdown than I'm not going to trade. mostly pennant breaks are sudden sometimes and big candles we should stay away.
The setup has been marked and still if we get bearish candles even till 5.5 level we can get in this trade. I always try my best to find the safest entry zone.
Rest keep supporting me. Follow me.
Thanks
If price firstly breakdown than I'm not going to trade. mostly pennant breaks are sudden sometimes and big candles we should stay away.
The setup has been marked and still if we get bearish candles even till 5.5 level we can get in this trade. I always try my best to find the safest entry zone.
Rest keep supporting me. Follow me.
Thanks
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.
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.