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.
Note
Price opened gap up....dont be on short side...keep looking for long entry...Note
If price eliminates all the buyers once again...then it will go up ...price will give us retracement.Note
Enter long...if price again breaks.Note
price breaks and retest also...enter in long trade.Trade active
Note
Note
risk ones change stoploss to entry point...Trade closed: target reached
Target 1 doneNote
keep in long....don't exit.Note
safe ones exit....Trade closed: target reached
2nd target doneNote
price is at trendlineTrade closed manually
Note
Will see what happens in the next session.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.