reasons:
1. 38% retracement in the fall has been achieved.
2. has made a gravestone doji in the weekly tf.
3. in daily tf has broken the 20 sma with a sold black candle confirming the bearish pressure.
4. if the fridays low is broken a move on the downside is expected.
5. entry can be taken based on 15 mins chart or 5 mins chart squeeze b/o ( because i like to trade with momentum).
Pls Note: i give intra day calls, but i analyse and decide my trades based on the bias from the bigger tf i.e weekly or at times even monthly and my execution timeline is 15 mins in some even 5 mins.
1. 38% retracement in the fall has been achieved.
2. has made a gravestone doji in the weekly tf.
3. in daily tf has broken the 20 sma with a sold black candle confirming the bearish pressure.
4. if the fridays low is broken a move on the downside is expected.
5. entry can be taken based on 15 mins chart or 5 mins chart squeeze b/o ( because i like to trade with momentum).
Pls Note: i give intra day calls, but i analyse and decide my trades based on the bias from the bigger tf i.e weekly or at times even monthly and my execution timeline is 15 mins in some even 5 mins.
Not
worked exactly as expected ! If any of you made money out of it , do give it a thumbs up.Thanks
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.