A good trade near rising rectangular channel Which is bearish pattern. Broken support line of rectangular can give a down side good move. Here we can short opportunity also stoploss when its enter again in channel.
Market switch channels up and goes down so near term bullish for 1-2 month as resistant near then decision of bullish or bearish can see by pattern.
17070 make and break lvl must took a trade with low sl 10 / 20 but after break lows or for form bullish or bearish pattern.
They shows down side move eat premium both side so just play with level don't force your self in trade manipulation
It's bullish above 181 target should be considered on fib lvl 1.618 - 3.618 Below 181 sl according to your risk not more than 5% Also buy when it sustain tight above it bcz major risk bear 🐻they trap it. Buy sl then downtrend can be continued. For knowledge purposes profit and losses will be yours Also study fundamental of company too before investing
Here's the way of plan execution arrows shows how it's goes lvl by lvl Support zone (72.7000-72.6000) 72.90-72.80 swing can be down from both lvl so just wait for correct entry time.
Resistance areas near 17000-17130 watch care fully Support area 16930 Any side breakout 300 points approximately (stoploss 30 points after retest the lvl 16930) Educational purpose only trade with own risk
Just for knowledge. 73.3350 cross then up side can go 73.5-73.6 Downside break 73.18 can reaches 73-72.9200 Each side target .2000 Stop loss just below when it's making 5small candel 5 min time frame per 15 min and major stop loss 73.25
Keep eyes on it once it break up and down a good trend will come soon either bullish or bearish
Ascending triangle max time it's bulish but some times it's bearish too so be aware of it if it's breaks trend line and take retest
Stop loss will be 200 fixed for long 5-7days. but when it's retest then stoploss will below 5 candle. If retest fail but on downline with stoploss of 200.
Stoploss fixed cant move it before reaching the targets so 3 targets here if any thing wrong put side will be selected to as reverse thanks
H&S pattern 15 min time frame will give a good workout lets see what happened.