BANKNIFTY--Bull Trap or Bear Trap ??
アップデート済
The index price is still trading in a channel...
will this channel breakout.... or continue it's momentum towards downside....
we are at important zone...i.e 44500 zone...
today price comes almost near to this zone and showed a bullish momentum towards upside...
But we are still having some bullish gap left @44400 level...
if today's bullish momentum is a bull trap, tomorrow price will be bearish...
opens gap down fill the bottom side gap and moves up... or continue fall bottom levels, to grab the liquidity on buyside.
If this a bear trap...still those who are buying puts after a strong bullish momentum puts are available at cheaper price...price will opens again gap up and takes all the liquidity on put side..
fills bearish gap and again falls from that level...
so without confirmation, we cannot say anything ....as per the price movement it is in a channel.so we are taking any decision after breaking this channel...
Will see what happens in the upcoming session.
If this is helpful...please do follow and give a like.....
Thank you guys...those who are supporting me...
Have a nice weekend.
will this channel breakout.... or continue it's momentum towards downside....
we are at important zone...i.e 44500 zone...
today price comes almost near to this zone and showed a bullish momentum towards upside...
But we are still having some bullish gap left @44400 level...
if today's bullish momentum is a bull trap, tomorrow price will be bearish...
opens gap down fill the bottom side gap and moves up... or continue fall bottom levels, to grab the liquidity on buyside.
If this a bear trap...still those who are buying puts after a strong bullish momentum puts are available at cheaper price...price will opens again gap up and takes all the liquidity on put side..
fills bearish gap and again falls from that level...
so without confirmation, we cannot say anything ....as per the price movement it is in a channel.so we are taking any decision after breaking this channel...
Will see what happens in the upcoming session.
If this is helpful...please do follow and give a like.....
Thank you guys...those who are supporting me...
Have a nice weekend.
ノート
yesterday price broken the small trendline strongly...we will wait for the retest to this area before long...if continuation bullish is observed will wait for a pulllback.ノート
Price retracement is done...we will take long entry....after a break of today's high...keep in mind 45000 is a key resistance...ノート
Risky traders enter long here...ノート
If trendline has failed to move the price up...will be short side.....i will wait for short entry...ノート
Keep your targets to day high....40500,40050 and 40100.ノート
in higher time frame price action is still in range....ノート
Price starts ranging...ノート
Safe traders keep change your stop loss to day low...Risk ones keep with me until targets.ノート
Bulls exhausted or bullish initiationノート
now this is the time to book some profits....that level is constantly...rejecting...safe ones exit few carry remaining...
ノート
ノート
I am moving my stoploss to day low....if price cannot break high sellers will take the price strongly downwards....keep safe.トレード終了: 利益確定目標に到達
Target 1 of day high is doneトレード終了: 利益確定目標に到達
Target 2 is also doneノート
price has broken the trendline and retested....so enter long...Targets on upside is done...トレード終了: 利益確定目標に到達
Target 3 is also done...ノート
safe traders exit their long, before strong sell off comes...トレード終了: 利益確定目標に到達
All targets are done....ノート
Bearish Gap is Filled...on upside.
**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。