peerooow

peerooow Updated 

my plan is to trade short if it breaks and close below 23.6 fib level and my take profit is 50 per fib level and sl 145

peerooow Updated 

this is in continuation of the earlier post as we can see a strong support and trendline support at the entry i am going bullish on the trade my stoploss is the dotted line fab retracement level added strength to my analysis my target is next fab retracement level and the further one ie 38.2 %n and 23.6% thats all for now will update later

peerooow Updated 

this is a mix of 2 analysis i m posting the 1st part i am long based on technicals 1. vwap buy 2. rsi buy 3. stochastic rsi buy please stay tune for the price action analysis i will be posting that next reminder indicators is only something i use to confirm my price action i dont trade based on them

peerooow

rsi stochastic vwap are indicating sell but as we can se the price is on uptrend and even if we short it on monday it will face a strong support at 21 day moving avg i m a bit confused shall i shot it or wait for the price to reach at the bottom of the channel and buy it?

peerooow Updated 

the price is consolidating under an triangle pattern we can expect a breakout with volume will not take a long position because of a trend line resistance not a good move will take a short position only after the breakout i consider pull back entry will be more correct to avoid fake outs thankyou ......