BANKNIFTY--Trendline or Bearish Gap??

After successfully breaking the trendline, the price exhibited a robust upward momentum, breaching the formidable resistance level at 45,100.
However, there's a notable bearish gap left at 45,650 levels on the upper side. Conversely, there exists a trendline on the lower side that could potentially propel the price upward again.
In this scenario, the trading strategy to consider is as follows: If the price retraces to these zones, it may present a buying opportunity at the trendline, with a potential plan to explore short positions near the bearish gap.
It's worth noting that, before attempting to close the bearish gap, the price might offer a retest of the trendline, providing traders with an opportunity to enter long again from this place.

Note::
A consolidation is going to observe while reaching the trendline, we have strong resistances below, buyers are attempting to take the price to higher levels from this places, but be safe at any place they can take the price again. Keep exit positions while testing these resistances.
Will see what happens in the next sessions.

コメント:

Don't go long...

コメント:

if price breaks the trendline...will look for short.

コメント:

enter long... on break upside to bearishgap.

トレード稼働中

コメント:

Change you stop loss to above low and keep on buyside.

コメント:

If stop loss hits, Bullish gap be finished.keep safe.

コメント:

Safe ones change your stop loss to entry....

コメント:

Book 50%

コメント:

Rest exit at target or entry point.

コメント:

Keep trail

コメント:

If any body wants to exit...exit now, before the selling pressure comes.

トレード終了: 利益確定目標に到達:

手動でトレードを終了しました:

will see in the next session what happens.