This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
For Tomorrow's Trade Setup:
1.) If opens flat and breaks Triangle on either side up or down i will wait for price to sustain above nearby horizontal resistance or support levels as they are so close to triangle breakout on upside and downside.
2.) Once if triangle break out will buy above 44060 after retesting of this resistance. If break down will short below 43715 after price retest this level.
3.) If any gap ups will look for retest of those resistance or support level and will buy accordingly or only after price action is formed.
Also price is moving between 250 - 300 level from 43715 to 44060. and above this it isn't able to hold if there is no clear trend and keep moving between this range will look for buying near support and sell near resistance.
For Tomorrow's Trade Setup:
1.) If opens flat and breaks Triangle on either side up or down i will wait for price to sustain above nearby horizontal resistance or support levels as they are so close to triangle breakout on upside and downside.
2.) Once if triangle break out will buy above 44060 after retesting of this resistance. If break down will short below 43715 after price retest this level.
3.) If any gap ups will look for retest of those resistance or support level and will buy accordingly or only after price action is formed.
Also price is moving between 250 - 300 level from 43715 to 44060. and above this it isn't able to hold if there is no clear trend and keep moving between this range will look for buying near support and sell near resistance.
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.