Two charts
Importance of important sell off zone.
Regret zone/fomo zone.
4th June high was regret for both buyers and sellers
Regret as why I didn’t sold
Fomo - Coz when it broke index moved like mental.
So when it was tested twice and made wick.
1st signal of short term bottom.
Next day candle confirmed it.
Importance of important sell off zone.
Regret zone/fomo zone.
4th June high was regret for both buyers and sellers
Regret as why I didn’t sold
Fomo - Coz when it broke index moved like mental.
So when it was tested twice and made wick.
1st signal of short term bottom.
Next day candle confirmed it.
Now observe today’s move.
A wick in morning signalled linear upmove.
Why?
It was to test strength of yesterday breakout of encircled gap consolidation candle.
What next? x.com
A wick in morning signalled linear upmove.
Why?
It was to test strength of yesterday breakout of encircled gap consolidation candle.
What next? x.com
It doesn’t matter how strong chart will depict you 24750-24850 level is very very strong resistance.
It’s breakdown level
And golden ratio level.
Golden ratio is brahmastra - don’t neglect it. x.com
It’s breakdown level
And golden ratio level.
Golden ratio is brahmastra - don’t neglect it. x.com
Loading suggestions...