Based on TRIPLE CROWN Theory
combining specific Fibo Retracement level, identified areas that can be used to go short in NIFTY
range to go short is - 25160 to 25000, which got triggered yesterday,
let us go for short till yesterday's high is not breached
target will be 24760 and 24600 and then 24340
stop can be placed 25000
this trade is purely based on entry when the price falls in TCZ (The Triple Crown Zone), which is price zone based on FIBO RETRACEMENT LEVELS IN A SPECIFIC ORDER
note :-
more then entering the trade
it will be more interesting to understand this theory and its impact if price stays in TCS zone today and how it reacts here on
stay tuned
have a good day to all
combining specific Fibo Retracement level, identified areas that can be used to go short in NIFTY
range to go short is - 25160 to 25000, which got triggered yesterday,
let us go for short till yesterday's high is not breached
target will be 24760 and 24600 and then 24340
stop can be placed 25000
this trade is purely based on entry when the price falls in TCZ (The Triple Crown Zone), which is price zone based on FIBO RETRACEMENT LEVELS IN A SPECIFIC ORDER
note :-
more then entering the trade
it will be more interesting to understand this theory and its impact if price stays in TCS zone today and how it reacts here on
stay tuned
have a good day to all
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.