Hi Traders,
Analysis for the day : "Down day " look for only short opportunities.
Reason for selecting entry zone:
Reason 1: After a Fall in price price had a pull back.
Reason 2: Price consolidated and beaks down.
Reason 3: volume confirms price.
Reason 4: since this is first pullback, there is high probability of success.
Analysis for the day : "Down day " look for only short opportunities.
Reason for selecting entry zone:
Reason 1: After a Fall in price price had a pull back.
Reason 2: Price consolidated and beaks down.
Reason 3: volume confirms price.
Reason 4: since this is first pullback, there is high probability of success.
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