If we get to clear that "C" area marked up on the chart, we can expect the price to go short a few pips till ADR is maxed out
But, if that does not happen, we have to prepare to look for some bullish move because that what the TDI is still telling us from yesterday session
Remember that the 200 EMA is a big reaction point for the price
A good exit point will be...
Price bounced back from that 200 ema and found some bottom @1.982XX creating some bullish divergence as we can see on the TDI.
If the price gets to break the 200 ema instead of bounce again, we can expect te price to keep moving up
800ema is a good point to go BE
ADR maxed out and the TL are good exit points
Remember this advice will be useful for you if you are a...
WAIT FOR BOUNCE TO SELL..THE BOUNCING PRICE...CATCH THE LONGER MAIN WAVE.....LEAVE THE SMALLER WAVE... LEVELS IN ZONES...PREVIOUS BOUNCING LEVELS.....TO .ENTER ...TRADES...
NSE:CONCOR
BEARS WAITING FOR TO SHOW THEIR POWER ...WAITING TO CORRECTION MOVE.....LEVELS AND SL ,,WAVE IN CHARTS.....ENTER AT RIGHT PRICE.....CHANNEL TRADING
ZONES ARE ATTACHED...WAVES ALSO WORKED......U LIKE THIS ..JUST HIT LIKE BUTTON TO SHOW YOUR POWER
NSE:ICICIBANK
