BANKNIFTY--Trending Up or Down ??

The bank nifty index, entire day price is trading in a range.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.

코멘트:

don't forget the right shoulder and Neckline.

코멘트:

price is still in range. wait for up or down.

코멘트:

wicks showing us bullish pressure....

코멘트:

Don't go long...its manipulating.

코멘트:

wait for break and retest...

코멘트:

just broken.

코멘트:

코멘트:

If it is a continuous bullish, will enter on long ,if gives retracement.

코멘트:

Strong reds are approching the zone ignore long.

코멘트:

this helps a lot....i think.

코멘트:

if this trendline acts as support and again breaks high Enter long.

코멘트:

If this again rejects i will go for short entry....keep look at this level.

코멘트:

코멘트:

now price is at my POI for sell.need cinfirmation

코멘트:

this time if it is bearish our entry will be triggered.

코멘트:

I am taking the entry to little upside...on break of this low my short triggered.

코멘트:

Consolidation + price moves upside.... confirmation of sell side...
looking for reversal setup....near its trendline

strong bullishness failed to take the price up.

코멘트:

so waiting for short....

코멘트:

코멘트:

failed to break below.

매매 수동청산:

Our stoploss won't hit....targets won't hit....
will see in next session.