BANKNIFTY--Retracement or Fall ??
已更新
Price broken the strong demand zone by opening gapdown,
and starts consolidation immediately...at the end it tested the demand again.
price exactly closed by testing the demand zone, if price wants to fall continuously, tomorrow again it opens down and fall to below levels.
if price wants to give some retracement, it will again test the previous ATH level...
where previously strong fall happens....
If tomorrow price opens below levels, will look for long in this place...
previously multiple times price got rejected from this level.
may acts as support....keep track this levels....
Today we will not get any entries on any side...it is in consolidation range, till the end.
will see in the next session what happens.
and starts consolidation immediately...at the end it tested the demand again.
price exactly closed by testing the demand zone, if price wants to fall continuously, tomorrow again it opens down and fall to below levels.
if price wants to give some retracement, it will again test the previous ATH level...
where previously strong fall happens....
If tomorrow price opens below levels, will look for long in this place...
previously multiple times price got rejected from this level.
may acts as support....keep track this levels....
Today we will not get any entries on any side...it is in consolidation range, till the end.
will see in the next session what happens.
註釋
Price opened gap up....dont be on short side...keep looking for long entry...註釋
If price eliminates all the buyers once again...then it will go up ...price will give us retracement.註釋
Enter long...if price again breaks.註釋
price breaks and retest also...enter in long trade.交易進行
註釋
註釋
risk ones change stoploss to entry point...交易結束：目標達成
Target 1 done註釋
keep in long....don't exit.註釋
safe ones exit....交易結束：目標達成
2nd target done註釋
price is at trendline手動結束交易
註釋
Will see what happens in the next session.
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Also share your thoughts in the comments section.
Thanks for your Support **
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