~ Looks like tomorrow also BN can move in range might be more narrow one! If open on near to previous day close
~ if open up gap down or gap up wait for price action to make momemtum for break out on demand or supply zone then look for any oppurtunity
~ Opening candle will be more important for tomorrow's session
Note : Do your own analysis before any trade or...
Breakout Trap in PENIND
Daily Analysis of PENIND
This is how investers traps in a breakout trap
PENIND has made double bottom patten and as per Double Bottom Pattern analysis the projected target has been reached but the picture is not over yet!!!
Some investers do re-entery in it after it breaks recent resistance level. Same thing happend in PENIND after...
The range is drawn with the help of trendlines.
It is highlighted with red and green color, red being the resistance range and green being the support.
Relative strength is gaining but there is one catch,
This indicator works on the relative price of the past few days whichever is set as per the preference. If you see the past few months BTC is in the...