IDFC FIRST BANK - Looks good but...

WEEKLY OVERVIEW:

My Overview & Observation:

1. Bullish in W TF but D tf price structure is still bearish making LL-LH.
2. Confirmation is pending for reveal.

Trade Plan:
WE WAIT FOR BULLISH STRUCTURE FORMATION FOR ENTRY BECAUSE IN D TF PA IS BEARISH FOR NOW LET IT CHANGE TO HH-HL - ONLY AFTER THAT WILL PLAN FOR A LONG POSITION

- Stay tuned for further insights, updates and trade safely!

- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!


Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.

Thanks & Regards,
Anubrata Ray

Commentaire:

An aggressive long position can be made with 7% SL and marked green lines as immediate short-term targets target.