"Trading day, March 20th: The global market indicates a negative start, with a moderately bullish nature that may begin with a gap-down. If the market immediately takes a pullback, we can expect minor consolidation before the rally continues, and it should break the Fib level of 38%. On the other hand,. On the other hand, if the initial market declines sharply, we...
BITCOIN's all time High on 08Nov21 @69198..7
Bitcoin extreme POI is not mitigated yet!
We can see a couple of HIGHS as well if we see High in Descending order we can see the yellow colour represent the third high @32446.5
Once the Price Breakout the third high after that we can say we are in BULL MARKET!
WE ARE NOT IN BULL MARKET YET!!!
BULL TRAP!?...
So as you see on 4H there's CHoCH so I created first POINT OF INTEREST { POI } for long and now waiting for Mitigation so I placed an order for long! But then we saw a rejection on 16FEB23 21:30 with big candle and small body. Next day on 17FEB23 1:30 another HUGE RED CANDLE so I have to mark POI so I mark another POI and wait for Mitigate. MITIGATION means we...
As you see in 1H Marked first OB and placed couple of entry limit orders. I thought first OB will mitigate so I placed order for SHORT but as you see Market Always Do What He Wants To Do!
Market changed his direction and we a pullback @7.381 toward down.
Then we can see a another BOS and a good BIG BULL CANDLES. So I marked my second OB for LONG.
first RRR...
HDFC First High @1724.30 on 04APRIL22
HDFC Second High @1702.00 on 24JAN23
I can see three possibility.
1. Price will go up near @1702.00 and breakout! or a Rejection.
2. Market will mitigate the box and down that means SHORT.
3. MAYBE NEW HIGH BETWEEN @1724.30 & @1702.00
CORRECT ME IF I'M WRONG!!!
ETHEREUM is in UP trend moving UP since 01JAN23 on 14JAN23 we can see HUGE BULL CANDLE and I found my BOS so I marked my OB first OB on 4H.
On 15FEB23 saw couple of BIG BULL CANDLE and that's my second OB.
ETHEREUM market showing BIG CANDLES with BIG WICKS!
If market break second OB and went down then what? NO WORRIES!!!
Because we have EXTREME OB already and...
LITECOIN 4H marked POI important level for LONG.
Once market mitigate that POI then we see a clearly a LONG Opportunity.
WHY LONG? Because we already know where the price will go.
I marked 2 HIGHS on chart first @107.16 05MAY22
And we can see rejection on 16FEB23 @105.86 price couldn't touch the previous High which is @107.16
CORRECT ME IF I'M WRONG!!!
On 4H as you see after every BOS I marked an POI to captured a good trade. As you see second POI is Mitigate with BIG RED CANDLES. Now it's time for long 1:3 If I booked with loss means if I exit market after touched of SL or price crossed my SL and went DOWN then there is my first POI which I already created.
First HIGH @26.869 with small body and big...
NSE:PONNIERODE shows a high volume breakout above the Gann Box.
Volume is super.
After the earnings, the stock was trading higher, was consolidating and now ready to breakout.
Trade:
In 1Day chart showing an up trend channel and now market in trend line support level on lower time frame charts showing an side ways market of wait for the good entry at the box level breakout after entering the trade
Buy above 2508 for 10,25,50+++
Sell below 2485 for 10,25,50+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
I am no expert in using GANN BOX but had this idea therefore testing it out on a stock. Stock has potential to give breakout from the range that has developed after recent high.
