5632 Bull bear war at line of control
Reason for short
a) Good bull bear war and we need to wait for the winners and join the winning team. Hence if the price fall below yesterday low or Support 1 low is a good short opportunity. Price yesterday low, plus below S1 low and gap down.
b) if it cross the today high... neglect this script and no trading zone
c) vwma resistance zone broken and expecting the broken zone as false high
on other hand, bull volume is heavy and pushing the price upside.... but this may be illusion set up for bulls...
a) Good bull bear war and we need to wait for the winners and join the winning team. Hence if the price fall below yesterday low or Support 1 low is a good short opportunity. Price yesterday low, plus below S1 low and gap down.
b) if it cross the today high... neglect this script and no trading zone
c) vwma resistance zone broken and expecting the broken zone as false high
on other hand, bull volume is heavy and pushing the price upside.... but this may be illusion set up for bulls...
Trade closed: target reached
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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.
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.