Hinduniliver today trade i took small and sweet (Education)
My target was 2035 which was near resistance and i was bullish bcoz there was bullish divergence in RSI.
Morning there was gap up above blue line so i was not sure. i observed few candles for confirmation. First confirmation, second red candle took support on blue line. Still i was not sure. So i was waiting for second confirmation and on 6th candle it took support on pink line then i entered into the trade and within few candle i reached to my target.
sharing just for knowledge. which may helpful for you in coming trades.
Trade just based on support and Resistance :)
Morning there was gap up above blue line so i was not sure. i observed few candles for confirmation. First confirmation, second red candle took support on blue line. Still i was not sure. So i was waiting for second confirmation and on 6th candle it took support on pink line then i entered into the trade and within few candle i reached to my target.
sharing just for knowledge. which may helpful for you in coming trades.
Trade just based on support and Resistance :)