BANKNIFTY--Will ATH Breaks ??
Diupdate
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.
Catatan
Price opened above previous ATH...do not initiate any fresh trades.Catatan
all longs may be exited....Catatan
Trading Above ATH is risky....will see what happens.price broken R1 retested if this break above will be on buyside...Catatan
no entry....price reversed...from R1.Catatan
can we enter short...Catatan
will see today pivot points will work After ATH ??Trade aktif
Catatan
Risk involved ...safe traders pls avoid.Catatan
If pivot points work ....I no need to analyse my trades....by spending more time on chart...Catatan
After our entry point...price is exactly reversed...will see what happens...Catatan
can any one identified small blackline..why price is exactly reversed from that line...
.i.e the previous ATH level....
Catatan
Price rejection confirmed from R1... but on bottom side we have ATH...it has to help to push it more down...Catatan
the previous resistance is rejecting the price upwords...Catatan
If ATH again resist to go up more fall happens...careful guys...Catatan
Safe traders can exit here....risky ones up to the Pivot point.Catatan
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...
Catatan
Price is now at very important zone....Trading ditutup secara manual
I am exiting few positions...i am waiting for long in this zone...keeping puts Sl at New ATH.
Catatan
two back to back zones....again take the price to upper levels....Catatan
we can enter long with small risk..Catatan
price is coming to our entry point...waitCatatan
liquidity is below our entry keep safe....it will manipulate and moves....
2 back to back zones....
Catatan
price is in tight consolidation.....breakout or breakdown happens.Trade aktif
long side....Catatan
I am with hedge.....mng put is still on...keep safe...Trading ditutup secara manual
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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