Eventually going long on 15m timeframeIdea supported by support and resistance levels and trend lines.
15min
shrinking wedge intraday chart pattern Shrinking wedge is getting shorter and shorter with each new candle.
COALINDIA SL 15 minCOALINDIA was continuously bearish in Weekly/DAILY
It was in between a tight demand and supply zone in daily . and recently formed an hourly demand and supply zone .
Stock was reacting from the hourly supply zone and looking at a very good structure demand zone in 15 in between hourly demand and supply zones, trade was planned. But since the stock was reacting from even though tested hourly supply zone, it SL my nice structured 15 min demans zone.
So dont place any trade in wrong direction, even though its nice structure.
GJs BULLISH MOMENTUM MAY HAVE DIED...There is a possible triple top formation pattern being created on the 15min Time-frame. I have been monitoring GJ all week. Price is currently testing Daily resistance, it broke above but still has 12+ hours to close. I entered a Sell order, and my profit level is indicated on the chart. I will be watching it throughout the morning, I would definitely not like to get caught in a weekend trade. Unless it's Crypto :)
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