i am trying to figure out Naxdax 100 Range for this year
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use these lines in day trading also
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in day price is range between 11903.84 and 11771.80
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11898 4hr R
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11842
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11889.37 day R
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ic formed by day candle
imp levels for day
11929/1198.11874.5/11857/11846/11820/11800/11741/11704/11619
must be used with higher time frame lines
imp levels for day
11929/1198.11874.5/11857/11846/11820/11800/11741/11704/11619
must be used with higher time frame lines
Comment:
price opens at 11619 level
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use larger time frame line as support
add 11450 also
add 11450 also
Comment:
generally, if price opens above or below day inside candle level it has to
honour it for that day but price is not doing now
honour it for that day but price is not doing now
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11683.75
Comment:
price respected IC range and move upward
for new day daily normal range
11919/11890
11833/
11790/11786
11676.50/11645/11604/
11520/11498
for new day daily normal range
11919/11890
11833/
11790/11786
11676.50/11645/11604/
11520/11498
Comment:
11400 important monthly level
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gap up above daily normal range
larger time frame came into picture
follow it
larger time frame came into picture
follow it
Comment:
higher time frame lines as per chart working perfectly
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if u r using this chart range for today is working e ffectively
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turning off my system
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Nasdaq day chart could also be referred but this chart is most important
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Nasdax follows this chart level perfectly
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sorry , but no further updation