Bank Nifty Trade Setup (09-June-2023)
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.t
As mentioned in June 7th Trade setup price is moving in Ascending triangle pattern and to it took support near trendline.
Trade setup for tomorrow:
As we know patterns can fail today price took support near ascending trendline
1.) If opens flat and doesn't hold this trendline will look for short for target of support (43840,43700 and 43650.
2.) If it takes support at trendline will look for buying for target of 44141,44231 and 44300 or PDH.
3.) No trades in gaps only after solid setup. as i loose most in gaps some find easy to trade gaps. but they doesn't suit me. so will wait for good setup is there will be,otherwise no trades.
As mentioned in June 7th Trade setup price is moving in Ascending triangle pattern and to it took support near trendline.
Trade setup for tomorrow:
As we know patterns can fail today price took support near ascending trendline
1.) If opens flat and doesn't hold this trendline will look for short for target of support (43840,43700 and 43650.
2.) If it takes support at trendline will look for buying for target of 44141,44231 and 44300 or PDH.
3.) No trades in gaps only after solid setup. as i loose most in gaps some find easy to trade gaps. but they doesn't suit me. so will wait for good setup is there will be,otherwise no trades.
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