The price has been moving between parallels and i see a formation of Right angled broadening wedge which can break either way.(I am just worried for the Volume)
Some scalping can be done using the parallels marked in the chart.
If you are a swing trader than stay away.
This chart is better for a scalper or a day trader.
I am really out of time today, gonna post a good analysis tomorrow or a day after that. Till then you can scalp using this one.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
Some scalping can be done using the parallels marked in the chart.
If you are a swing trader than stay away.
This chart is better for a scalper or a day trader.
I am really out of time today, gonna post a good analysis tomorrow or a day after that. Till then you can scalp using this one.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
Note
Fell off to the lower parallel.Note
Broke down of the wedge. Should fall away to 6800 soon.
Global Community Manager,
TradingView
TradingView
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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.
Global Community Manager,
TradingView
TradingView
Related publications
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.