Decision Zone:- 35,232
Upper Targets:- 35,620 / 35,863 / 36,020 / 36,342 / 36,500
Lower Targets: 34,650 / 34,300 / 33,911 / 33,700
One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade.
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will 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.
Markets have become very volatile .And very risky to carry overnight any positions.
CAN ANY EXPLAIN THIS IN SIMPLE TERMS
Got saved.. correct.
The 1 HR 1moñth RSI indicator shows oversold positions. Have a strong feeling that BN should go up. But again depends on Asian markets opening on march 1