NIFTY 50 Potential Bounce Zone?

6 paź 2018

NIFTY50 looks primed for a bounce at blue demand orderblock.

Analysis -

• Price about to enter demand zone which has already been tested twice and bounced.
  
  
• Ichimoku edge to edge target is about to be fulfilled.
  
  
• Bullish divergence on weekly with several momentum oscillators, will post RSI div down in the updates.
  
  
• Oscillators are about to be bottomed out.
  

6 paź 2018

Uwaga

Bullish weekly divergence on RSI
> Invalidates if we close below 9980

9 paź 2018

Uwaga

Forgot to mention, will open a long at either demand zone or cloud edge, whichever comes first. Seeing multiple frontruns this week, won't be surprised if market inclines before we reach demand.

11 paź 2018

Zlecenie aktywne

Entered long

12 paź 2018

Uwaga

Moved SL to entry

21 paź 2018

Uwaga

Looks bearish, looking for a strong bounce next week else stop is inevitable.

6 gru 2018

Transakcja zamknięta: osiągnięto wyznaczony cel

Been busy past few days, therefore not updating calls.
Initial long entry held well, exited at bearish supply zone at 10,900.
This is what I looked at