The_SharkTrader

The_SharkTrader Updated 

1. Trend: downtrend to sideways 2. Probable support area for reversal 3. Early entry will give highest reward with least risk 4. Can keep booking partials on the way to reduce risk if downtrend continues after a pull back

The_SharkTrader

1. Trend: Bullish to sideays 2. Set up: Reversal 3. RR: 1:5 to all the way to 10R 4. Stop loss: 2 SL can be followed, aggressive with 4.3% or easy room to avoid volatility.

The_SharkTrader

1. Trend: Bullish to sideways 2. 7 Months consolidation 3. RR very lucrative 4. 1 false breakout & also false breakdown to collect all the stop losses, now chances are high price will shot up at unusal speed

The_SharkTrader

Price filled the gap and started bullish price action on Friday Positional to intraday set up with support and resistance is marked on chart to trade for Monday The structure again looks like buy on dip set up until high printed on 15 may is touched again [

The_SharkTrader

As discussed in last post, BN trading below ATH, therefore it will consolidate below resistance if it has to give breakout Considering the Friday price action, price opens gap up comes down and close back to near or above opening price, it looks like price have no intention to fall and have follow up Trade plan can be near to support and resistance only

The_SharkTrader

1.Nifty turned bullish with trend line breakout confirmation 2. If we get retest then risk to reward is very attractive 3. IF feel FOMO then keep small SL of breakout candle and ride the trend 4. If entry it in option then follow above SL & if entry is in nifty bees/cash then swing slow can be considered as SL for trend change 5. Probable target can be seen is ATH...