BANKNIFTY--Drop Base Drop ??

アップデート済

Price broken the trendline and retested, we will enter in short side...Our target gets hit.
price again on the other side broken the trendline and we enter in long side.. our stop loss hits.

now price is near to the major trendline break...
in bigger time frame price broken bullish channel...
and in smaller time frames...it is again in channel...
so tomorrow if price again reversed from the major trendline, looks for buyside...

Price is without touching the resistance showing bearishness, to trap the early sellers.
now we have to observe price will again bullish from drop base drop...

so will see what happens in the next session.

ノート

Drop base drop is observed...if falls from this level.

ノート

If major trendline failed to acts as support again...looking for sell.

ノート

If price continue to upside...on break of channel and retest..enters in long side.

ノート

Will see tomorrow what happens.

ノート

Be aware now.....
price completed the drop base drop...by opening gap down...

ノート

Don't go for short side.....
keep in the long side...
we are going to look for long entry.

ノート

A gap down indication means...look for long side...

ノート

wait for the right oppurtunity...

ノート

Price consolidation to downside...

ノート

Price is moving down wards...we don't get any entry, to enter.
If it is a continuous move we will get a good profit today, in a drop base drop.
Let's find an opportunity again...if i will get any entry, i will update.
Thanks guys for your support.

ノート

It's Buyers time

ノート

they wants to take the liquidity.

ノート

Price is near the support...don't go long...will see if gives us entry or not.

IIT-Trader

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