pre market analysis of 22-10-21
As expected in the pre-market analysis on 21/10/21, after the triangle pattern breakout the resistance has been broken and its a clear breakout
today trade plan,
CPR logic : Today's cpr is wide, so if the 1st 5mint candle opens in cpr it will be sideways, if gap-up happens and opens in between PDH and R1 then we can see a good uptrend
Resistance : we can consider weekly and monthly R1,R2,R3
support : previous swing high, and todays central pivot
This is for education purpose only, consider this as an view. Do your analysis before you take your trade.
Plan your trade, trade your plan :P
Do let me know your thoughts!
today trade plan,
CPR logic : Today's cpr is wide, so if the 1st 5mint candle opens in cpr it will be sideways, if gap-up happens and opens in between PDH and R1 then we can see a good uptrend
Resistance : we can consider weekly and monthly R1,R2,R3
support : previous swing high, and todays central pivot
This is for education purpose only, consider this as an view. Do your analysis before you take your trade.
Plan your trade, trade your plan :P
Do let me know your thoughts!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.