NIFTY index,
3 continuous bullish gaps indicating bullishness...
Gap up opening and filling the gap and again gap up opening ...
this happens in the last 3 successive sessions....
In higher time frame price action is still bearish,
After a strong break above the 19500 levels...
a strong fall is observed up to 19300 levels...
the liquidity grab on bottom side is finished...
and now price is moving in a bullish channel,with 3 continuous bullish gaps....
if this move continuously happens to top side...
tomorrow the liquidity on the topside @19650 levels will be finished soon.
Keep safe...
3 continuous bullish gaps indicating bullishness...
Gap up opening and filling the gap and again gap up opening ...
this happens in the last 3 successive sessions....
In higher time frame price action is still bearish,
After a strong break above the 19500 levels...
a strong fall is observed up to 19300 levels...
the liquidity grab on bottom side is finished...
and now price is moving in a bullish channel,with 3 continuous bullish gaps....
if this move continuously happens to top side...
tomorrow the liquidity on the topside @19650 levels will be finished soon.
Keep safe...
Note
strong bullish pressure is observed...after 3 bullish gaps...don't go for short...wait.Note
At important resistance...
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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.