stop loss should be placed at the recent low
looks like a bull trap
good r/r here
bitmex funding will be an added advantage for shorts
looking for shorts in these levels
stop loss at the recent low.
scalp trade
sl should be below the previous lows. do no think we will see yearly lows this month either.
daily candle close looks like a bullish doji bullish divergence daily bullish ob possible wxwxz pattern completion going in at 239 and 232 SL - 215
given the kind of consolidation we had , i expect a break on the up side
immediate targets in case we hold we hold this higher low , push up are 970 and 1050
only getting in after a daily close above 685
good confluence on HTF
good support here for hdfc
will be taking this trade with tight SL
looks good , even though not the best r/r
SL below the range EQ
looking for a stop run into the highlighted zone.