marzil

INDIAN HOTELS // levels to watch

Long
marzil Aggiornato   
NSE:INDHOTEL   INDIAN HOTELS
  • Currently long from 61.8% level marked (124), break of red ranges is bullish AF.
    Right now we got rejected from descending triangle's upper trend line, expecting it to break at the retest.

  • Probably will hedge sometime at red lines marked.

  • Liquidity at demand zone getting weaker after 5 bounces. A break below demand range is bearish, will look for shorts.
Commento:

RSI support at 35.24 // establishes since last year.
Adding on the frontrun of this support, but closing some of my position if it breaks.
Commento:
Volume profile // break of point of control is something I'll monitor.

Trade attivo:
Opened spot long at 124
Looking for a bounce at EQ or above
Trade chiuso: stop raggiunto:
Stopped out folks, welcome to trading.
Commento:
As demand rolls over, it will soon turn to support and be retested.
Looking to flip short.
Commento:
Really surprised, didn't think we'd still close within the orderblock on the daily. Might have been a mistake not being patient for the close.
Anyway, might take a small long position if we break above orderblock on a LTF retest.
Trade chiuso: obiettivo raggiunto:
Target 1 reached!
Happy with 14%, selling 30% of my position here.
Entered at 124 if anyone's asking
Commento:
Closed another 20% of my position at 145, still holding half of my position.

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