tajamal

tajamal

Bullish trend already turned into bearish trend and because making LH and LL, now resistance ahead bulls got weaker and bears are taking control that is why going to take short position with tight sop loss.

tajamal

1H time frame support broken that is why i am going to take short position, it seems like bears are in control.

tajamal

after making a cup shape price is not going to break certain level and after that bulls are showing weakness and it seems like bears are going to take control, if bears break 1st support level which is not a strong zone then price will continue to downward movement and IMO it will cross the bottom of cup shape. i can be wrong, constructive criticism must be appreciated.

tajamal

yesterday i took long position and as i said price will take small bounce from fib level 0.618, price behave same as i said and my tp hit position closed. today i am going to take short position because trend is bearish and price after making LH going to make new LL so taking short position with 1:1 ratio.

tajamal

its obvious that trend is bearish but price is giving significant respect of strong support and fib level 0.618 so i am expecting a little bounce from this level that is why taking long position for small target.

tajamal

price broke the ascending channel and now trading out of the channel and below the lower trend line, it seems like bulls are exhausted and now bears are taking control so i am going to take short position with 1:1 ratio.

tajamal

trend is bearish in 1H time frame price broke down side and now support become resistance, trend line also behaving like resistance so it seems like bears are in control thats why i am taking short position with 1:1 ratio.

tajamal

price is respecting very well support zone and trend line too, it seems like bulls are taking control so that i am going to take long position with 1:1 ratio

tajamal

going to take long position on the breakout of ascending triangle and strong resistance

tajamal

trend is bullish and it seems like bulls are taking control and going to make new HH so going to take long position.

tajamal

Seems like bulls are getting weaker and bears are taking control from a major resistance zone so i am going to take short position for a small profit.

tajamal

Trend Is Bullish but it Seems like price is going to make new HL so going to take short position for a small trade.

tajamal

in my point of view trend is getting change because it could not break the previous lower low and start rising up side.