I DONT WANT TO GIVE YOU THE RATES TO ENTRY OR EXIT BECAUSE I WANT YOU TO LEARN AND MASTERISE, I AM GOING TO GIVE YOU KEY HINTS AND YOU THINK, ANALYSE, JUDGE AND COMMENT YOUR OPINION.
PRIMARILY,
1. THE PICTURE CLEARLY SHOWS BEARISH IN DAY TREND, SO GO FOR SELL OPPORTUNITY WHICH WILL BENEFITS A LOT.
2. THE REVERSE HAMMER IS A GOOD SIGN OF BEARISH AN ADDITIONAL CONFIRMATION.
HOW TO ENTER THE TRADE HINTS:
a. ITS BETTER TO TAKE TRADE AFTER THE RSI( EITHER 14 OR 9 OR 7 WHICH ONE IS COMFORT TO YOU) CROSS BELOW 70 OR 60
b. SUPER TREND SELL SIGNAL ALONG WITHIN 3 CANDELS OF CROSSING OF RSI(SUPER TREND VALUES 5,1.5 OR 11,2 OR 7,3 ARE POPULAR, BUT FOR INTRADAY ITS 5,1.5 OR 11,2 ARE GOOD)
C. PARA BOLIC SAR
D. MACD
NOTE: AFTER ALL THESE THERE IS A CHANCE OF RETRACE, THAT IS POPULARLY KNOWN AS DOUBLE TOP PATTERN, SO LEARN ABOUT RSI, SUPERTREND, MACD, PARABOLIC SAR AND DOUBLE TOP OR DOUBLE BOTTOM TOPIC THEN BACK TEST THEM AND THEN ENTER TO TRADE BECAUSE EASY TO LOOSE BUT WITHOUT KNOWLEDGE DIFFICULT TO EARN.
FINAL WORDS FRIENDS, GAIN THE KNOWLEDGE, KNOWLEDGE WILL GAIN YOU.
PRIMARILY,
1. THE PICTURE CLEARLY SHOWS BEARISH IN DAY TREND, SO GO FOR SELL OPPORTUNITY WHICH WILL BENEFITS A LOT.
2. THE REVERSE HAMMER IS A GOOD SIGN OF BEARISH AN ADDITIONAL CONFIRMATION.
HOW TO ENTER THE TRADE HINTS:
a. ITS BETTER TO TAKE TRADE AFTER THE RSI( EITHER 14 OR 9 OR 7 WHICH ONE IS COMFORT TO YOU) CROSS BELOW 70 OR 60
b. SUPER TREND SELL SIGNAL ALONG WITHIN 3 CANDELS OF CROSSING OF RSI(SUPER TREND VALUES 5,1.5 OR 11,2 OR 7,3 ARE POPULAR, BUT FOR INTRADAY ITS 5,1.5 OR 11,2 ARE GOOD)
C. PARA BOLIC SAR
D. MACD
NOTE: AFTER ALL THESE THERE IS A CHANCE OF RETRACE, THAT IS POPULARLY KNOWN AS DOUBLE TOP PATTERN, SO LEARN ABOUT RSI, SUPERTREND, MACD, PARABOLIC SAR AND DOUBLE TOP OR DOUBLE BOTTOM TOPIC THEN BACK TEST THEM AND THEN ENTER TO TRADE BECAUSE EASY TO LOOSE BUT WITHOUT KNOWLEDGE DIFFICULT TO EARN.
FINAL WORDS FRIENDS, GAIN THE KNOWLEDGE, KNOWLEDGE WILL GAIN YOU.