BN is having a beautiful price compression. Potential energy unleashes Kinetic energy in Physics. The same applies in the markets too. When there has been a price compression for a long time, it leads to an explosive move!
A trigger is needed for BN. That trigger level is 51,330 which needs to be breached strongly.
This could lead to a swing entry on BN.
Stay tuned!
A trigger is needed for BN. That trigger level is 51,330 which needs to be breached strongly.
This could lead to a swing entry on BN.
Stay tuned!
Nota
I have taken Monthly position for 25Sep2024 expiry on BN.51200 CE Buy
53300 CE Sell
This is not a recommendation. Please do your due diligence.
Nota
Plan the Trade and then Trade the Plan! Look at that beautiful expansion on BN!Trade chiuso: obiettivo raggiunto
Target achieved on BN now. Exited my Buy position. The Sell position is still open for Premium collection.I'm expecting BN to correct now if it breaks 52,000 level with some negativity.
Will wait for next Long set up to re-enter but I won't be shorting BN anymore.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.