BANKNIFTY--Will ATH Breaks ??
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BANKNIFTY::
A Flag and Pole pattern...is observed
---->>price is clearly broken the channel and showing us bullish momentum.
we will also enter in long, achieved all targets.
if this momentum is continues or any breakdown will happens again.
if breakdown happens at which level this can be possible...
if we see the chart the price is constantly rejected by this level @45000-45200 that's broken.
after finishing the gap on upside,
price will again test the ATH and falls or continues its momentum towards upside.
If price tested ATH, we need a strong support to be expected from this level...@45000-45200 level to go for long.
because multiple times it acts as a resistance, if resistance becomes support we will observe a bullish momentum above ATH.
But ATH is strong so if price failed to acts as support @45200,price falls below, a strong bearish momentum can be happens.
will see what happens Tomorrow.
Thank you guys for your support.
A Flag and Pole pattern...is observed
---->>price is clearly broken the channel and showing us bullish momentum.
we will also enter in long, achieved all targets.
if this momentum is continues or any breakdown will happens again.
if breakdown happens at which level this can be possible...
if we see the chart the price is constantly rejected by this level @45000-45200 that's broken.
after finishing the gap on upside,
price will again test the ATH and falls or continues its momentum towards upside.
If price tested ATH, we need a strong support to be expected from this level...@45000-45200 level to go for long.
because multiple times it acts as a resistance, if resistance becomes support we will observe a bullish momentum above ATH.
But ATH is strong so if price failed to acts as support @45200,price falls below, a strong bearish momentum can be happens.
will see what happens Tomorrow.
Thank you guys for your support.
Nota
Price opened above previous ATH...do not initiate any fresh trades.Nota
all longs may be exited....Nota
Trading Above ATH is risky....will see what happens.price broken R1 retested if this break above will be on buyside...Nota
no entry....price reversed...from R1.Nota
can we enter short...Nota
will see today pivot points will work After ATH ??Trade attivo
Nota
Risk involved ...safe traders pls avoid.Nota
If pivot points work ....I no need to analyse my trades....by spending more time on chart...Nota
After our entry point...price is exactly reversed...will see what happens...Nota
can any one identified small blackline..why price is exactly reversed from that line...
.i.e the previous ATH level....
Nota
Price rejection confirmed from R1... but on bottom side we have ATH...it has to help to push it more down...Nota
the previous resistance is rejecting the price upwords...Nota
If ATH again resist to go up more fall happens...careful guys...Nota
Safe traders can exit here....risky ones up to the Pivot point.Nota
this is a risky trade....on put side...after a strong bullish momentum price is giving us pullback or retracement to enter long...wait for long side...
Nota
Price is now at very important zone....Trade chiuso manualmente
I am exiting few positions...i am waiting for long in this zone...keeping puts Sl at New ATH.
Nota
two back to back zones....again take the price to upper levels....Nota
we can enter long with small risk..Nota
price is coming to our entry point...waitNota
liquidity is below our entry keep safe....it will manipulate and moves....
2 back to back zones....
Nota
price is in tight consolidation.....breakout or breakdown happens.Trade attivo
long side....Nota
I am with hedge.....mng put is still on...keep safe...Trade chiuso manualmente
no momentum....will see tomorrow what happens....
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
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