BANKNIFTY--Gap Up or Gap Down??
Zaktualizowano
Price is rejected from the trendline again and closed exactly at the trendline...
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
Uwaga
Uwaga
wait for long opportunity.Uwaga
Enter long on break to the upside.Uwaga
If stoploss hits...price will reach 44100 levels...soon.Transakcja zamknięta: osiągnięto wyznaczony cel
Exit few...Transakcja zamknięta: osiągnięto wyznaczony cel
Uwaga
Don't go for short side...immediately.Uwaga
Wait for the price to reversal back...break on trendline and retest...Uwaga
It will make head and shoulders then...Uwaga
Be careful guys.....Uwaga
End of bullishness
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
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