One of the best forms of Price Action is not to predict but To Act on price, Chart tells you WHERE, WHEN & HOW to act on price. Wait for thr Decision Points on chart To Act else don't trade.
CA_Dindayal_PAWAR
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Decision Points : Important Reaction points where you might see action.
CA_Dindayal_PAWAR
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## Can I be short? Absolutely Not, we are extremely bullish until 35,340 breaks and holds, no positional short.
## What will be the trading strategy? Buy in dips for going long and momentum trade above 36,160
Many things can be read from the price, but you need a great pair of eyes. Rest who doesn't understand will call it junk.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you SEE, Never trade what you FEEL. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Wait for thr Decision Points on chart To Act else don't trade.