If we look at the chart price breaking the trendline and moving super bullish...
after breaking the trendline price moving like a rocket.
Today after breaking the trendline price is not moving much points....
it's slowly moving to the upside..
Case 1::
What happens if price not able to move upside::
If tomorrow price opens gap up and it has to move upside, if its bullish again.

Case2 :: If price opens gap down its clearly indicating bearish sign.
sellers will immediately take the price downwards...so no more bullishness in the market.
consider end of bullishness.
If tomorrow price falls below the trendline again...
we will wait for the perfect place to enter for short again.
by keeping the stop loss above the previous strong fall high.
targets up to the Demand and bullish gap point only.

If price breaks the 45600 level,
we will notice a strong fall happens up to 45200 area where there is more liquidity, to eliminate all the buy orders.
After a strong fall from the area 46100 level, today again price comes back to the same level..
To test the supply zone price is moving in a bullish channel...
so until price breaks this and retest will not go for short side....

Note ::
some times price opens up or down and fills the gap and continue fall or rise again...so be cautious in such cases.
will see what happens in the next session.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered.
after breaking the trendline price moving like a rocket.
Today after breaking the trendline price is not moving much points....
it's slowly moving to the upside..
Case 1::
What happens if price not able to move upside::
If tomorrow price opens gap up and it has to move upside, if its bullish again.
Case2 :: If price opens gap down its clearly indicating bearish sign.
sellers will immediately take the price downwards...so no more bullishness in the market.
consider end of bullishness.
If tomorrow price falls below the trendline again...
we will wait for the perfect place to enter for short again.
by keeping the stop loss above the previous strong fall high.
targets up to the Demand and bullish gap point only.
If price breaks the 45600 level,
we will notice a strong fall happens up to 45200 area where there is more liquidity, to eliminate all the buy orders.
After a strong fall from the area 46100 level, today again price comes back to the same level..
To test the supply zone price is moving in a bullish channel...
so until price breaks this and retest will not go for short side....
Note ::
some times price opens up or down and fills the gap and continue fall or rise again...so be cautious in such cases.
will see what happens in the next session.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered.
Catatan
Keep in mind 2 points, after break of trendline gap up occured...if this is initiated by buyers after filling the gap it has to move in the same direction...
If price unable to move upside...indicating that buyers are closed their positions...
wait until Gap finished.
Catatan
Don't go short...it will gives us retracement...just broken the level.Catatan
without giving entry price touches the gap point...wait for the retracement.Catatan
one position exited.Catatan
WIll see in the next session what happens.Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
