In the monthly, we see strong upmove towards the monthly level. Nothing so bearish.
Weekly is coming from the Monthly resistance. Also, we see a break in Trendline in the Weekly. Bias shifts towards weakness although there is a nice uptrend which may even continue further.
In the Daily, immediate trendline is broken and currently we are at a second pullback to test the 75 min resistance. The long term trendline is not yet broken. Overall, a moderate downtrend can be established.
75 min is giving me an interesting candle right now which is rejecting the Pivot and the trendline. The candle is not yet closed. But I would like to take an agressive short entry here.
Weekly is coming from the Monthly resistance. Also, we see a break in Trendline in the Weekly. Bias shifts towards weakness although there is a nice uptrend which may even continue further.
In the Daily, immediate trendline is broken and currently we are at a second pullback to test the 75 min resistance. The long term trendline is not yet broken. Overall, a moderate downtrend can be established.
75 min is giving me an interesting candle right now which is rejecting the Pivot and the trendline. The candle is not yet closed. But I would like to take an agressive short entry here.
Trade closed: target reached:
Booked 31.5K profits in this one. twitter.com/afz...371830508032000?s=20
Video: www.youtube.com/watch?v=Fl7cXHlQ...
Video: www.youtube.com/watch?v=Fl7cXHlQ...
Chartered Accountant | Trader | Trainer
| www.afzallokhandwala.com
| www.afzallokhandwala.com