Hi Traders, 1. On 12th of Sep 2020, What you have seen in form of fall was clearly mentioned in terms of conditions with using specific words to authenticate my statement quoting from point no.1 of the trading plan section " Now If the price has to move up then this yellow trendline with pink resistance which is just above the trendline has to be taken out in both time frames of 1 hour & 15 min with the target of the white-green zone" Here you can see I clearly mentioned if the price has to move up then yellow trendline has to be taken out. See how perfectly price respected my condition did not dare to breach even a single time. in 15 days and you saw a fall. can you imagine how confidently I described the yellow trendline condition why I was so confident for this line is an art. you all must work hard to attain this perfection. I did not stop here in point no.4 of the same section. I clearly mentioned that support will break then the structure will change is quoting for your consideration." news can change the structure if the price goes down from the support of blue and red zone.
2. If you see fig of 12 Sep, I marked the red arrow for the downside exactly at the magic support and the green arrow exactly at resistance from where the up move had to start. I was damm clear from where up move will start and the downfall will start. Had anybody just stuck with my analysis you can imagine how much one could earn in positional trades. Please take out any post in 215+ where I sketched the market move and price did not respect my levels of course with my conditions. Proving in every post in every line. Several times I wrote stick with my words in analysis nobody can stop you in making a profit from the market. Because I manifest the whole move in advance so many days ago. Setting 12 Sep figure below for matching my statements highlighted above with current fig.
Trade Plan for next week.
1. I marked in a pink circle showing how perfectly my levels work every time. See downside red line is made if it takes out in both time frames of 15 and 1 hour then you will see the price going to lower blue trendline.
2. On the contrary if the yellow trendline which is not breached in 15 days is taken out in both time frames then the uptrend will start.
Yogesh Vats
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