Any side breakout can give a huge short coving movement.
A regular bullish divergence observed in the M30 chart. Price moved lower low and RSI moved higher high. So we a got a break out of price and we can go for long as I shown in the chart.
We can see there is ragular bullish divergance in this chart so now we will wait for the breakout at the given level so that we can buy with mentioned SL and target
Please mark the lines which is marked and plan your trade according to risk management. I have marked the forecasted movement of banknifty for tomorrow.
Mark those lines and zone point which are mentioned in the chart. All the trading plans are explained there. Trade with proper stoploss.
Basically when price is on bearish trend , price might take correction to go further down, this trade is against the trend and the SL of the trade is less, once SL hit we will take short position. So the most imp is proper SL which is mentioned here. Keep the target fixed as i mark here.
At the mark zone huge sellers are activated, so this zone is no trade zone, above this price will move more up.
Everything is explained in the chart.
Please go through the chart, everything is explained in the chart.
Please mark the level with the zone and trade according to your risk management.
MARK ZONE AND TRADE ACCORDING TO THE RISK MANAGEMENT.
Mark the level is your chart, I mention the importance of each and every level. Trade according to the risk management.
As I mark the level of the BTCUSD , price will come at the levels which are marked, then it will be a blast after reaching those points.
Mark the lines in your chart and follow the path which i mark in the chart. Personally I prefer the buy position tomorrow.
Mark the levelsin your chart and see trade according to the risk managment.
Mark the levels in your chart and trade according to the risk management.
Please mark the line in your chart that will help you to take profitable trade. Trade with your proper risk management.
Draw the support resistance in your chart and note the time for tomorrow.