Using supply and demand strategy, wait for fundamental confirmation for the recovery of the USD and long USDZAR which has already broken the downward trend and is now retesting it.
THIS VIDEO IS FOR EDUCATIONAL PURPOSE ONLY, IF YOU WANT TO TAKE TRADE BASED ON THIS VIDEO, TAKE IT AT YOUR OWN RISK. AS NIFTY OPENED GAP DOWN AND WENT DOWN TO 11294, 11290 WILL BE ACTING AS A SUPPORT AND 11350 WILL ACT AS A RESISTANCE. I'LL BE TRADING IN OPTIONS TODAY, AS TODAY IS AN EXPIRY OF 20 AUG 2020 OPTIONS. I'LL BE SHORTING 11450 CE AND 11250 CE. I WAIT...
This stock was once a "Fallen Angel " and as you will see it has been resurrected. The stock has demonstrated the ability to break above long term Resistance as it has recently done so and traders took profits allowing it to fall back to the "Safe Spot" circa 30 cents only to be repurchased once again. For those understanding Wave Analysis, it can be argued a ...