Always look for low-risk high reward setups, Buyers are trying to control the market, As we can see some buying momentum from support and with trendline break signal, Now wait for a clear signal.
Very simple and repeatable price action structure, Momentum signal with trendline break confirmation, Now wait for a clear signal to enter the trade.
Price bounced from support zone with Momentum and this is the sign of trend change, Now we need a clear signal to enter into the trade.
Price bounced from support area and also break the trendline with momentum, Now wait for the correction to enter the trade, We can see the target area around 306.
Same pattern, Same analysis. Price brokle the trendline now wait for pullback to enter in the market
Price broke the trendline and we have got a clear pullback, So we can take a trade as per money management rules.
Trendline break with the momentum and also we can see price break and trade below the support zone, Now we need a clear pullback to enter.
Price bounced from the support zone and also break the trendline with the momentum, Now we need a clear pullback to enter into the buy trade.
A clear trendline break signal now we can wait for a pullback to enter in the market
Crude oil chart posted earlier today.... same one updated with RESISTANCE LINES. Channel has been broken and now it remains to be seen if RESISTANCE will be broken on upwards movement.
Very common price action structure with momentum, There is a different trade managaement and money management behind the setup so do your own analysis before taking trades
We can see very good uptrend after the break of trendline, Do not buy before trendline break and take trade on price action setup
Very good price structure with momentum
Waiting for the trendline break with momentum.
Hi, Thanks for your response to my previous post which actually made profit for some traders. Expecting similar response for this post too. So the rally did come, as per expectations, which took the index from 10701 to 10809 in just two trading sessions. However, it came back to the same level of 10711 and faced a hard push to 10837. Was it just short...