l HTF trend is bullish and any weakness is an opportunity to buy. Market I believe is soaking all supply hence, expect market to consolidate before moving upwards. l Pivot analysis infers neutral bias, so direction is difficult to judge. Hence, opening print will confirm direction. l Support levels 15700/15660. l Resistance levels 15900/15850. l Wait till market confirms direction and the take trade.
l Open drive rejection l PPT. l Evening star. l RCR l CPRRVL
Step 2 - Trading Plan
1. Any bullish PA above 15815 is a long with stop of 15787 and target of 15860. 2. Any bullish PA above 15720 is a long with stop of 15692 and target of 15778. 3. Aggressive long above 15900 with stop at 15870 and target of 15960. 4. Any bearish PA below 15800 is a short with stop of 15828 and target of 15748. 5. Any bearish PA below 15710 is a short with stop of 15743 and target of 15672.
This information is for education purpose only. So, please consult your financial advisor for any investment/trading advise.
Have a nice day!! @Mockingbanana
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Plan 4 in progress.
Trade closed: target reached
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Plan 4 done
Comment
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15735 is a DTF support zone. If its breached more fall to come
Trade active
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Plan 2 in progress
Trade closed: target reached
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Plan 2 done. cheers
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Plan 2 In progress.
Trade closed manually
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Exit trade
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Don't trade for today, Market is in whipsaw mode. Save ur money and enjoy.