In my yesterdays post I shared my bullish overview in TRENT because it was performing well as compared to Nifty 50.
Yesterday one condition was if price test yesterday high and hold at resistance level then upmove will be expected in TRENT.
But today price tested yesterday high but not holded at resistance level and created a good retracement.
Till 10am to 10:30am price was at yesterday high and created a retracement of 3 red candles with very low volume, So from here i was looking to enter in the trade but ther candle of 11:15 was not shown any strength and was indecisive (i was expecting healthy green candle with volume).
next candle breaked its low with volume confirmed me that today price is not going to test resistance today, so i decided not to trade in TRENT.
Yesterday one condition was if price test yesterday high and hold at resistance level then upmove will be expected in TRENT.
But today price tested yesterday high but not holded at resistance level and created a good retracement.
Till 10am to 10:30am price was at yesterday high and created a retracement of 3 red candles with very low volume, So from here i was looking to enter in the trade but ther candle of 11:15 was not shown any strength and was indecisive (i was expecting healthy green candle with volume).
next candle breaked its low with volume confirmed me that today price is not going to test resistance today, so i decided not to trade in TRENT.
관련 발행물
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.