finally a h1 setup has taken shape after price decided to test the big channel top. on lower time frame , a multi day bull trap has been formed and there is a channel within channel confluence already completed , with macd divergence to support. Since I already have prior entries few days back, I will continue to hold and add on shorts within the orange zone.
On day chart price is trending, so aiming for 7800 level is realistic. however, do take partial tp along the way to lock in profits.
On day chart price is trending, so aiming for 7800 level is realistic. however, do take partial tp along the way to lock in profits.