Long Bias for the upcoming weeks. (Watch out for Whipsaw situations)
Price already in my area of value, just waiting for the market to tell me to get in on a LONG.
We are situated on the uppermost side of the channel's centre. It may come for a retracement and search for LONG.
NEWS:
Starknet launches GETTEX:25M token incentive for top projects
Starknet...
Concepts Of ICT
A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved.
Technicals and smart money gave the signals of a drop in Infosys before its earnings.
Some would say its a " Head and Shoulders"- not...
On Week Chart
The best entry around 0.5 - 0.8 of Fair Value Gap
On 4H TF
LINK has support zones at 18.2 lower 17.5
These levels are good entry for next bullish, if it's broken down LINK can bounce back from Fair Value Gap 16.9 - 16.2
Time will tell
Nifty 50
6th Sep 2023
Fair Value Gap draw on 5min TF.
Here, FVG used to take entry at top and now riding this downfall identifying another FVGs down once market fall.
Every Time buyers try to catch the trend every time that FVG zone rejected their pressure and consciously fall.
Exit Criteria:
Exit if achieve full Target or If candle close above FVG upper band.
