IIT-Trader

BANKNIFTY--Trendline or Bearish Gap??

IIT-Trader 업데이트됨   
NSE:BANKNIFTY   Nifty Bank Index
After successfully breaking the trendline, the price exhibited a robust upward momentum, breaching the formidable resistance level at 45,100.
However, there's a notable bearish gap left at 45,650 levels on the upper side. Conversely, there exists a trendline on the lower side that could potentially propel the price upward again.
In this scenario, the trading strategy to consider is as follows: If the price retraces to these zones, it may present a buying opportunity at the trendline, with a potential plan to explore short positions near the bearish gap.
It's worth noting that, before attempting to close the bearish gap, the price might offer a retest of the trendline, providing traders with an opportunity to enter long again from this place.

Note::
A consolidation is going to observe while reaching the trendline, we have strong resistances below, buyers are attempting to take the price to higher levels from this places, but be safe at any place they can take the price again. Keep exit positions while testing these resistances.
Will see what happens in the next sessions.
코멘트:
Don't go long...
코멘트:
if price breaks the trendline...will look for short.
코멘트:
enter long... on break upside to bearishgap.
액티브 트레이드
코멘트:
Change you stop loss to above low and keep on buyside.
코멘트:
If stop loss hits, Bullish gap be finished.keep safe.
코멘트:
Safe ones change your stop loss to entry....
코멘트:
Book 50%
코멘트:
Rest exit at target or entry point.
코멘트:
Keep trail
코멘트:
If any body wants to exit...exit now, before the selling pressure comes.
거래청산: 타겟 닿음:
매매 수동청산:
will see in the next session what happens.

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