AXIS BANK intraday 30-Nov-2020
In higher timeframe - Chart pattern breakout, Hoping it will come down for correction and go for long
In lowertime frame - Triangle pattern - if market goes up using FIB extension assume the target area
If it cross Fib 0.6 level - look at the candlestick in even lowertimeframe like 5 min to confirm the move as expected side. Then enter trade put stop loss below fib area or candlestick low
same for other direction (vice-versa)
In lowertime frame - Triangle pattern - if market goes up using FIB extension assume the target area
If it cross Fib 0.6 level - look at the candlestick in even lowertimeframe like 5 min to confirm the move as expected side. Then enter trade put stop loss below fib area or candlestick low
same for other direction (vice-versa)
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