observations::
price again proven that a sign of bearishness....
Price broken our POI for sell,moving slowly to the upside...
broken the trendline..in smaller time frame and fall back...no oppurtunity to enter long...
today we have a major trendline if this trendline again acts as resistance...it will again fall back..
the big red candle is pushing the price little up...
An decending triangle is formed....which is also a sign of bullishness from the previous resistance level...
without knowing we cannot take entry on buy side...
will wait for trendline break and retest....to go long from resistance acts as support.
price again proven that a sign of bearishness....
Price broken our POI for sell,moving slowly to the upside...
broken the trendline..in smaller time frame and fall back...no oppurtunity to enter long...
today we have a major trendline if this trendline again acts as resistance...it will again fall back..
the big red candle is pushing the price little up...
An decending triangle is formed....which is also a sign of bullishness from the previous resistance level...
without knowing we cannot take entry on buy side...
will wait for trendline break and retest....to go long from resistance acts as support.
Nota
gap may acts as resistance...**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Pubblicazioni correlate
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.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
" i am a IT-Trader "
Pubblicazioni correlate
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.