Retest is complete and ready for an upside move. Can buy for swing
We are on a very important level so keep watching for a breakout.
Reasons To Buy- 1. Formation of upper high. 2. Overall change in trend.
we can see the formation of a triangle. Personally, I will recommend you to wait for the breakout.
Reasons to sell- 1. we can clearly see the rejection at resistance so the chance of breakout is less. 2. we can see the range trading for the last 6 months.
Reasons to buy- 1. Strong trendline support 2. Signs of reversal from bearish to bullish 3. Correction about to end
REASONS TO BUY- 1. BREAK OF THE CHANNEL 2. OVERALL BULLISH PRESSURE 3. CORRECTION MOVE IS COMPLETE ATTENTION- ONLY ENTER BUY AFTER THE PULLBACK AND BULLISH CONFIRMATION
Reasons To Buy- 1. We can clearly see the formation of the upper high. 2. Trend reversal.
A very nice accumulation of price. Price is consolidating in the range marked on the chart above. Personally, we will enter a buy swing trade if the breakout is an upside. But for intraday, there is a good sell opportunity on the break of the counter trendline
Reasons for sell 1. formation of lower high 2. break of ascending trendline 3. daily trendline resistance
Reasons to buy- 1. Retracement to fibo level complete. 2. Break of trendline. 3. Trend Reversal can be seen on the chart
Reasons To Buy- 1. we can see the strong bullish candles. 2. overall uptrend.
It's a very nice setup buy or sell it will depend on the future price action. When to buy - If the breakout is on the upper side. When to sell - On the price breakout of the counter trendline. ZOOM IN FOR A BETTER UNDERSTANDING.
I have mentioned everything on the chart I am personally looking to sell after the breakout of the Green support area marked on the chart.
Reasons to sell- 1.We can clearly see the formation of lower high 2. We can short sell at fib level 0.5 3. Resistance of the trendline. 4. Overall downtrend