Today is an important event CPI at 8:30am Newyork time, Expecting a first move to be a manipulation one and after that price should drop down towards the target level. As per experience we should always wait for the event to get over and then should take position in a respective trade setup.
As per the weekly chart we are in a perfect place to begin the downward trend. we have take out the weekly buy stops, now waiting for the heavy displacement in the stock price for the downside and move towards Rs2500 per share.
Anticipating a bearish move in bank nifty towards its support level of 45890 or below for liquidity raid in terms of stoploss for retailers. for a setup to enter I am expecting a a heavy displacement in price for downside after that if there is any retracement I would like to enter for short. currently in a consolidation range . see where we get the displacement first.
Looking forward to short HAL as its weekly liquidity is raided expecting price to break down further and target 3825 level. awaiting for price to show a heavy displacement for the downside by crossing the gap area shaded in Blue.. and after the decline if there is any retracement for upside i would like to take an entry for short which represent as an entry zone...
As there is a clear displacement in price for the downside after getting into an imbalance level, now my point of action is to short irctc at current market price and target respective levels with a stoploss og 675
looking for long setup forming witht he target of 2015$ in gold
expecting short banknifty from this current market area and target 45910
usdcad long trade setup after newyork opening session. we had a bullish dollar with bullish move in usdcad able to catch 1:1 risk reward trade setup. higher trendline in a 1 min chart
the final trade where we hit the target now just see and watch the full trade how it did pan out and how we managed out position as well on a running trade..... hope you like the video please provide your feedback
part 2 of the initial short trade in usdcad part 3 is also there please bear with it but its a best learning concept
a Long setup utilized with the trend targeting resistance level retest, as we are in the london session opening with a risk reward of 1:1 just a small scalp on the basis of trending market and on the other hand dollar index seems to be falling , there for made a long in audusd and we hit the target but didnt able to book automatically as dollar kept on falling and...