https://t.co/eaE82qkZq2
strong bearish divergence and double top formation, it given false breakdown and trapped all bears, then reversed and trapped all the buyers at the top and gain shown the bearish divergence and then again breakdown
https://t.co/0319zEQFb1
NIFTY H&S PATTERN, THEN FALSE BREAKDOWN, TRAPPED ALL THE BEARS, PRICE REVERESED AND CROSSED THE HEAD AND TRAPPED LL THE BULLS AND AGAIN DOWN FALL STARTED ... PHSYCHOLOGY
Look at the PA how the strong bearish divergence started giving fall from the golden ratio and then started consolidating at lower level, made bullish divergence and then moved up with momentum, crossed previous swing high.
Sharp fall in spot nifty Chart and didnt got any pullback for entry in the put. Next day mkt opened gapup and then remain in consolidation and then trapped all the FOMO put buyers and then put started moving up.
Check out my #XAUUSD analysis on @TradingView: https://t.co/E47xTQykUU
5TF XAUUSD
Look at how the price action works,
Beautiful Insight where to enter and exit
where the TP place when to ENTER.
Check out my #XAUUSD analysis on @TradingView: https://t.co/HR4I7QfjBT How the price was behaving at the major liquidity. It breached and back-to-back 4 SL was hit then a good move captured.
This hinted at a liquidity grab. Soon, PE started gaining momentum and Nifty spot broke the ORB low. On the 1-minute PE chart, I spotted a scalping setup using the 9/15 EMA. Entering on the pullback and taking profit near the momentum high turned out to be an awesome trade.
What a beautiful setup! Yesterday, I noticed a bullish divergence on the PE chart, but the market didn't fall and Nifty closed at the day's high. Surprised by the strength, I carried my call-buy position overnight.
Today, Nifty opened with a huge gap-down of nearly 180 points, and I had to book a loss. Even after the open, the call option failed to show the expected sharp move and instead consolidated.