NIFTY--Bull & Bear Trap?? Liquidity & More Liquidity ??

アップデート済
Price is closed near the Support zone at 22000 levels...
we are still left with the liquidity below 21850 levels.

Bear Trap::
what happens if the liquidity cannot be done now...
If this time price failed to push downside more chances of fall below 21850 levels from topside.
If price opens up and continue to move upside there will be one more fall from the topside.
then the price won't respect the neckline as well, just gives pull back if possible, and eliminate all shorts, and it will continue its momentum towards top levels.
Those who are carrying the puts this time price manipulation done, by taking the price towards upside.
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Bull Trap::
When bear trap happens,
then price closing is given near the resistance levels,
then this time every one thinks that price is unable to break the bottom side,
so it is still in bullish and everyone then looks for long side.. by keeping the stop loss at 21850 levels, which is failed to break now.
this time price clears the stop losses at 21850 and again showing bullishness, this is pullback for short side continuation and again falls to grab all the liquidity below 21500 levels.

Sell setup::
look for short side when price comes to these area at Right Shoulder. If don't at least take care from this levels before long side.
A strong Bearishness is observed from the 22400 levels...
the right shoulder is strong one, after the liquidity grab on topside above Right shoulder, price again turns to be bearish.
and price comes to the downwards with strong bearishness mostly gap down occurs.
this time price breaks the 21850 levels and grabs all the liquidity.
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Points::
1.If we see the chart not only price forms a head and Shoulders in lower time frame also in Higher time frame as well.
スナップショット
2.price broken the trendline as well.
スナップショット
ノート
Price wants to test the neckline again....
Liquidity lies near the neckline...
Keep in short as long as price is below the neckline...
Key note::
Multiple times price tested the support level...now support becomes weaker and weaker...
While breaking the support again this time price breaks the support strongly...
Later an automatic rally to the resistance levels is observed by consolidation.
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ノート
Nifty at important zone of support... Book profits here... But no long side...
Might continue it's momentum take care here
ノート
Price Enters into the zone of resistance area... Keep safe from this area.
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