TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 3-5 times.
Hi Mohit. Just want to add point, it can be WxY corrective move up. Need to consider the global market. I know there is a decoupling theory going on in the market right now but it won’t be that easy. Increasing dxy, usdinr and intra+inter market divergences need to consider. We will decouple but that is big process and will take time. Just sharing my thought, need to be on both side right now and can trade on the side of breakout. Tough situations.
ckirtane
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is 17400 good support for sept month?
MohitArora
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@ckirtane, 17300 breaks, then 17000-17100 first short trade then long for 18200-18300