Late Post from origin of move (deeply apology to my dearest), but still as a convectional setup we can plan buy once stock start moving upside.
View on nifty market is trying to break the last resistance with a very good pattern if its happened successfully and sustain above 19880 i'll go long on a retest..
We are following the Price Action Purely, With a Proper Risk Reward and we will Suggest you to do the same with Risk management. Reverse Flag & Pole
Here we will just follow a S&R Strategy with a SL. No Holding overnight book your Profit or take SL. Thanks
don't miss follow the one rule 1) Position sizing, Risk management (Pure Price action) don't fomo !!
Bnx look good to short find the perfect place to short!!!
IN weekly time frame we already saw a breakout and $btc is consolidating we may see a retest before going down. 8 week consecutive red candles which never happened before ! in daily time frame we can see a divergence also.
$BTB BITSTAMP:BTCUSD break and retested from a very intresting pattern ( Inverse H&S) now we are waiting to see Target1 32500, Target2 36000.