salwathamrah

salwathamrah Updated 

I prefer to wait for price action at red lines for shorting and similarly at green lines for long. I will wait for a strong price action to show me some at my levels and then only take a trade. We can see that has price has been following downtrend since Monday. I would like to follow that order till buyers feel that the price is cheap now.

salwathamrah Updated 

The top three red lines are resistance zone where sellers have shown presence and based on previous price action buyers want the price to come down to be interested to buy. So my aim is to wait get a confirmation for a trend before jumping into it.