Would you like to trade with setup before reversal...?
Previously acted resistances
Psychological investors' memory and intelligence are something remember forever. The above 3 resistances mentioned in the past acted are the memory of investors who will repeat as resistance in the future.
Example of Trade setup:
* 1st Trade: Sell 1319 nearby
* 2nd Trade: 1391 nearby
Pullback is your targets as per below following:
First, pull-back is easy and for very short term traders: 1196 nearby
The second pull-back is at 1124 and,
The third is correct and perfect pullback which is at 1021 nearby
HIT:
Tail is important for this stock.
Increasing volume is the sign of Reversal Or favour of pullback.
I will update accurate level for trade is you want, please comment for it.
- 1) R 1256 (profit booking)
- 2) R 1319 (tradable)
- 3) R 1391 (final resistance)
Psychological investors' memory and intelligence are something remember forever. The above 3 resistances mentioned in the past acted are the memory of investors who will repeat as resistance in the future.
Example of Trade setup:
* 1st Trade: Sell 1319 nearby
* 2nd Trade: 1391 nearby
Pullback is your targets as per below following:
First, pull-back is easy and for very short term traders: 1196 nearby
The second pull-back is at 1124 and,
The third is correct and perfect pullback which is at 1021 nearby
HIT:
Tail is important for this stock.
Increasing volume is the sign of Reversal Or favour of pullback.
I will update accurate level for trade is you want, please comment for it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.