BANKNIFTY--Will ATH Breaks ??
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BANKNIFTY::
A Flag and Pole pattern...is observed
---->>price is clearly broken the channel and showing us bullish momentum.
we will also enter in long, achieved all targets.
if this momentum is continues or any breakdown will happens again.
if breakdown happens at which level this can be possible...
if we see the chart the price is constantly rejected by this level @45000-45200 that's broken.
after finishing the gap on upside,
price will again test the ATH and falls or continues its momentum towards upside.
If price tested ATH, we need a strong support to be expected from this level...@45000-45200 level to go for long.
because multiple times it acts as a resistance, if resistance becomes support we will observe a bullish momentum above ATH.
But ATH is strong so if price failed to acts as support @45200,price falls below, a strong bearish momentum can be happens.
will see what happens Tomorrow.
Thank you guys for your support.
A Flag and Pole pattern...is observed
---->>price is clearly broken the channel and showing us bullish momentum.
we will also enter in long, achieved all targets.
if this momentum is continues or any breakdown will happens again.
if breakdown happens at which level this can be possible...
if we see the chart the price is constantly rejected by this level @45000-45200 that's broken.
after finishing the gap on upside,
price will again test the ATH and falls or continues its momentum towards upside.
If price tested ATH, we need a strong support to be expected from this level...@45000-45200 level to go for long.
because multiple times it acts as a resistance, if resistance becomes support we will observe a bullish momentum above ATH.
But ATH is strong so if price failed to acts as support @45200,price falls below, a strong bearish momentum can be happens.
will see what happens Tomorrow.
Thank you guys for your support.
Not
Price opened above previous ATH...do not initiate any fresh trades.Not
all longs may be exited....Not
Trading Above ATH is risky....will see what happens.price broken R1 retested if this break above will be on buyside...Not
no entry....price reversed...from R1.Not
can we enter short...Not
will see today pivot points will work After ATH ??İşlem aktif
Not
Risk involved ...safe traders pls avoid.Not
If pivot points work ....I no need to analyse my trades....by spending more time on chart...Not
After our entry point...price is exactly reversed...will see what happens...Not
can any one identified small blackline..why price is exactly reversed from that line...
.i.e the previous ATH level....
Not
Price rejection confirmed from R1... but on bottom side we have ATH...it has to help to push it more down...Not
the previous resistance is rejecting the price upwords...Not
If ATH again resist to go up more fall happens...careful guys...Not
Safe traders can exit here....risky ones up to the Pivot point.Not
this is a risky trade....on put side...after a strong bullish momentum price is giving us pullback or retracement to enter long...wait for long side...
Not
Price is now at very important zone....İşlem elle kapatılmış
I am exiting few positions...i am waiting for long in this zone...keeping puts Sl at New ATH.
Not
two back to back zones....again take the price to upper levels....Not
we can enter long with small risk..Not
price is coming to our entry point...waitNot
liquidity is below our entry keep safe....it will manipulate and moves....
2 back to back zones....
Not
price is in tight consolidation.....breakout or breakdown happens.İşlem aktif
long side....Not
I am with hedge.....mng put is still on...keep safe...İşlem elle kapatılmış
no momentum....will see tomorrow what happens....
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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