Budget day decoding 1 february 2025
We are at very important supply area. Be careful if the budget comes best as per expectation another 700-1000 points upside range is there but our plan is short because of risk reward is perfect here to short with small stop loss. Last 2 days also we saw that after a certain upmove there is a huge fall which trapped buyers. Yesterday was proper short covering move by big players.
I don't really like trading events because of huge volume formation market works totally opposite. But as of now our plan is short side.
I don't really like trading events because of huge volume formation market works totally opposite. But as of now our plan is short side.
Trade active
500 points fall in 5 minutes. Told that buying is not in the plan. Still high volaltile. and told to avoid this event trading. We have whole year left to trade. 1 day cant change anything.Trade closed: target reached
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