BANKNIFTY--Trending Up or Down ??
Güncellendi
The bank nifty index, entire day price is trading in a range.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
Not
don't forget the right shoulder and Neckline.Not
price is still in range. wait for up or down.Not
wicks showing us bullish pressure....Not
Don't go long...its manipulating.Not
wait for break and retest...Not
just broken.Not
Not
If it is a continuous bullish, will enter on long ,if gives retracement.Not
Strong reds are approching the zone ignore long.Not
this helps a lot....i think.Not
if this trendline acts as support and again breaks high Enter long.Not
If this again rejects i will go for short entry....keep look at this level.Not
Not
now price is at my POI for sell.need cinfirmationNot
this time if it is bearish our entry will be triggered.Not
I am taking the entry to little upside...on break of this low my short triggered.Not
Consolidation + price moves upside.... confirmation of sell side...looking for reversal setup....near its trendline
strong bullishness failed to take the price up.
Not
so waiting for short....Not
Not
failed to break below.İşlem elle kapatılmış
Our stoploss won't hit....targets won't hit....will see in next session.
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