After strong rejection at 18008 there is probability that price to go down to 17928. But I have trailed sl after 50% of tp so the stoploss hit after that.
In 3 min chart after choch there was a bos based on that I have traded nifty with nearly 1:3 rr.
After breaking low of today there is probability for nifty going down so i entered in a short position with very small stoploss.
There is small pullback after falling at the support after breaking. There is probability that tye price going down to take support. I have traded 18050 pe and booked 950₹ in one lot.
In 30 min chart after previous BoS, price gets support at POI. So, there was probability of long with target of recent high.
Price is around 4h POI after last BoS. So, there's probability that price will go to its recent high. So there probable entry for long after ChoCh in smaller time frame. If you like the idea you can hit agree/disagree or comment something. Thanks
Observation: - In the chart, we can see recent low is broken. so, it is the change of character on 1HR chart. Probability: - We can think that there's probability of the price is going to meet its 4-hour POI. so, we can enter in the short position after touching poi of 1hr in 5 min chart with change of character with the target of 1.05640 and we can set target...
As per the setup in 1hr chart price is about to touch POI so we can enter the long position after Choch in 5 min chart.... . . . If you like the idea, please hit boost to hit target... Thanks!
In EURUSD 1hr chart, there is BoS of tomorrow's high. so, I was waiting for price to touch poi of BoS and was entered in trade but hit SL. after that I entered in another trade which gave target. . . . . If you like an idea, then hit the boost to hit the target......
In eurusd 1hr chart, uptrend going on after 7th December there were to POIs at which price reacted.
One POI is not respected as there is another at the bottom so there is probability of btc to touch its recent high and then go down....
Price of BTCUSD near to POI of 1 HR waiting for right setup of entry on long side target is recent high....
Probability of going up from poi is good so that can be enter in log position with target of recent high in 1hr TF.
Nifty on its poi zone but it can be go further down because of unmitted poi.