Nifty and Bank Nifty analysis and trade plan for tomorrow, Friday. 19th April | #nifty #nse
Targets: TP: 13.4K TP: 9.8K TP: 5.4K SL: 21.3K Reasoning: 1. Ema crossover 2. Fib Circles 3. Descending Channel 4. Banks 5. Timing - Global Shifts - Politcs - liquidations Not financial advise and not to be construed as such, I'm not a financial adviser or trader licensed by any organization nor do I claim to be. These are the thoughts, beliefs, and opinion...
based on previous view, I traded the level but on a random price to check if the zone works perfectly. Seems that zones work perfect only if it is meeting certain conditions. checking levels on bigger charts gives more clear view on your investment. Fib retracement on extra candles actually worked which-means having more candle in your area makes your trades more...
**UPDATE** SHORT PULLBACK ON FTM/USDT After a nice bull run and nice gains we should expect a few days of a pullback. I belive the pullback will come after we test the 0.618fib, it might start now without test it. Its a good time to take some profits and wait for the price to calm down. FOR ME THE PULLBACK WILL BE A GREAT TIME TO ADD SOME MORE TO MY BAG! IM A...
Lets have a look at recent price action where BTC failed to move higher into the possible ending of the corrective wave 4.