PRICE ACTION STUDY
TIME FRAME : 30MINS
Hammer candle formation on 30 mins time frame, Which indicate sellers tried to push the price down with full force but at the end were not able to maintain lower price and buyers maintained the balance of buy and sell at particular levels, excess selling was absorbed.
After formation Result :- As seller were not able to manage to keep price lower, were trapped on sell side when they tried full force to maintain price on lower side, As after the formation candle there was follow up bullish candle which indicate, buyer are feeling price attractive to enter long position and total selling at that particular levels was already in system, so no fresh selling force available.
Spring formatino : There is a spring formation as per price action, which means price entered demand zone and attracted fresh buying in counter which lead to higher buying force than that of selling thrust, and finally at end prices settled at higher levels.
Bullish divergence :- Price making lower low and RSI making higher low, which indicate the trend in on verge to mature.
TIME FRAME : 30MINS
Hammer candle formation on 30 mins time frame, Which indicate sellers tried to push the price down with full force but at the end were not able to maintain lower price and buyers maintained the balance of buy and sell at particular levels, excess selling was absorbed.
After formation Result :- As seller were not able to manage to keep price lower, were trapped on sell side when they tried full force to maintain price on lower side, As after the formation candle there was follow up bullish candle which indicate, buyer are feeling price attractive to enter long position and total selling at that particular levels was already in system, so no fresh selling force available.
Spring formatino : There is a spring formation as per price action, which means price entered demand zone and attracted fresh buying in counter which lead to higher buying force than that of selling thrust, and finally at end prices settled at higher levels.
Bullish divergence :- Price making lower low and RSI making higher low, which indicate the trend in on verge to mature.
İşlem aktif:
godrej properties 2350 from 2280
keep booking or trailing as per pocket
keep booking or trailing as per pocket
İşlem aktif:
2393
110 POINTS personal have booked
rest those still interested can hold with stoploss as cost
keep learning harmonics and elliot are best working tools
let the troller enjoy trolling
be focused
110 POINTS personal have booked
rest those still interested can hold with stoploss as cost
keep learning harmonics and elliot are best working tools
let the troller enjoy trolling
be focused
İşlem aktif:
2427
non stop
movement
non stop
movement