This one is not coming down , and we saw its started consolidating on 4 Hour we made exit our short at 600 form 620 Now this one is preparing for brake out , buying is not that a good idea , if you are Good in booking the profits , this might test or brake 660 by closing in 1 Hour then turn around , Look for proper set up in case if you want to buy for this short range , and for sure look for sell set up when it brakes the 660 in 1 Hour for taking short sell in Futures
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Temp buy active
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Look to Book your buy tomorrow if you see any weakness
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Booked Brake out trade form 621 to 641 , Made 20 Points , Now i will watch this to move further ,
@MoneyRain Do you really think it can touch 660 before coming down.. daily MACD shows that it's just about to give a sell signal.. and by when do you think it will reach 660?
I-Fund-Trader
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@rupakkool, Sir , its not what i think or what an Divergence tool is showing , its about the market participants and market price action , currently based on my experience it has not shown the weakness , if cracked then i will be the 1st person to enter for short selling , what we see is data of past performance , and what market operators are planning its visible in the small flag , they are not ready to come down yet , so wait for proper set up , its not good idea for buy , as they may turn down very fast , before you place your stop , or they may move up slowly and spike suddenly and start falling ,
Regards