we will trade only after getting confirmation candle 🕯 👍" HAPPY LEARNING 😊! "
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April 2024
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While I'm not SEBI registered, i have deep knowledge of markets and i specialize in technical analysis and trend identification and super advance price action
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Yes there is a high chance that market may go up side... but the twist is ," A single candle smoothly break resistance and next red candle has very big wick towards up side" so it can be a trap..!🙂
@satyamgupta2004 oh great bro I'm also smc trader... nice to connect with you 😊!
may be nifty is planning to go atleast 22470.00 there is a very high probability...!
this is a institutions demand zone, and now institutions are interested to buy ," hence you can see a very big wick in 2nd last blue candle"... it clearly shows that it is a trap towards down side ! " HAPPY LEARNING 😊!"
becoz there is a down trend and before breakout market made so small candles "HAPPY LEARNING !"
"It might be a trap so, we will trade only after getting confirmation"...! 😊
stretegy : " you can deployed 1 to 2% of your trading capital to down side... and after getting confirmation you can deployed your remaining balance"...🙂!
down side move may be expected from this zone, there is a more than 90% chance... "Happy learning!"😊